brazil economy

Brazil Protests: Demonstrators Storm Chamber of Deputies Demanding Military Coup

At least 40 demonstrators stormed Brazil’s Chamber of Deputies demanding a military coup. The protesters scuffled with guards and took…

8 years ago

Petrobras to Cut 12,000 Jobs by 2020

Brazilian oil company Petrobras has announced it will cut 12,000 jobs by 2020. The voluntary layoff program will help save…

9 years ago

Brazil’s President Dilma Rousseff Refuses to Resign

Brazil’s President Dilma Rousseff has refused to resign over her alleged mishandling of the economy after moves to impeach her.…

9 years ago

Brazil’s Economy Falls 3.8% in 2015

Brazil's economy shrank by 3.8% in 2015, according to the national statistics agency IBGE. The world's seventh-largest economy has fallen…

9 years ago

Brazil’s Pro-Austerity Finance Minister Joaquim Levy Quits

Brazil’s Finance Minister Joaquim Levy has resigned as Latin America's largest economy struggles to recover from recession. Joaquim Levy has…

9 years ago

Dilma Rousseff Impeachment: Brazil’s Lower House Opens Proceedings

Brazil's lower house of Congress has opened impeachment proceedings against President Dilma Rousseff. The process is based on allegations Dilma…

9 years ago

Brazil Economy Shrinks in Q3 2015

Brazil's recession has deepened as the country's economy shrank by 1.7% in Q3 of 2015 compared with the previous quarter.…

9 years ago

S&P Cuts Brazil’s Sovereign Debt Rating to Junk

Standard & Poor's has cut Brazil’s sovereign debt rating to "junk" status. As a result, Brazil has lost its investment-grade…

9 years ago

Brazil Enters Recession After Two Consecutive Quarters of Economic Contraction

Brazil’s economy has entered recession after official figures showed it contracted by 1.9% between in Q2 2015 compared with the…

9 years ago

Brazil: Mass Protests Calling for President Dilma Rousseff’s Impeachment

Mass protests have been held across Brazil with demonstrators calling for the impeachment of President Dilma Rousseff. Support for Dilma…

9 years ago