Latin America

Brazil Cuts Interest Rates to Record Low to Stimulate GDP Growth

As less consumer spending and lower business confidence cause the Brazilian economy to slow, President Rousseff looks to boost growth…

12 years ago

Brazil’s Salvador with Major Construction Ahead of World Cup 2014

Salvador will host at least three of the main teams that qualify for the 2014 FIFA World Cup. In the…

12 years ago

Brazil’s World Cup Host Cities Will Have Additional Funds for Investing in Tourist Infrastructure

Resources from the Ministry of Tourism will be used for implementing tourist information centres, as well as putting up street…

12 years ago

Brazil Oil Leak to Cost Chevron $25 million

Brazil’s National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais (approximately $25 million) for…

12 years ago

Itaú Unibanco Forms JV With Banco BMG

Itaú Unibanco announced on Tuesday an agreement with the Banco BMG to offer, distribution and marketing of payroll services. The…

12 years ago

BRIC Stocks Now Out of Favour … Later to Be an Incredible Investment Opportunity

With BRIC stock valuations currently low and yet with strong long term projected growth a great buying opportunity may materialize…

12 years ago

OECD: Ominous Signs for International Investment

By Michael Gestrin, OECD After two years of steady gains, international M&A activity plunged by $107 billion, or 45%, in…

12 years ago

TIM Participações Plays Their Hand Well in the Recent 4G Auction in Brazil

The Brazilian government has raised 2.93 billion Brazilian reals ($1.4 billion) from the auction of 4G wireless airwaves, president of…

12 years ago

MIGA (World Bank): During the Storm – Shift from North to South FDI

By Manabu Nose and Moritz Zander[1] At MIGA (the Multilateral Investment Guarantee Agency) we see the principal near-term risks for…

12 years ago