Category Archives: Economic Information

Azul Airlines to start flights between Brazil and Florida

With six years of operation in Brazil, Azul, entrepreneur David Neeleman, will offer international flights between Sao Paulo and the United States starting next year. To meet these routes, the company invests $ 2 billion in 11 Airbus aircraft. Currently the company makes 876 daily flights from 2015, new destinations will be added in the [...]

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Taxes make everything expensive in Brazil

The long queues that formed outside the Forever 21 department store at its recent opening in Brazil show the problem: brazilian want to pay cheaper for their products. It is unclear if the very attractive prices that the retailer is doing in the Brazilian market will sustain themselves, but the arrival of the brand gave [...]

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Improvised ferries to improve transportation for the World Cup in Rio’s airport. But what happens after the event?

With less than two months before the opening of the World Cup, the state government of Rio de Janeiro is racing against time to ensure greater mobility to thousands of athletes and tourists who will come to Rio de Janeiro. But the proposal to connect by ferries, the Tom Jobim International Airport (Galeão), on Ilha [...]

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Fitness craze in Brazil makes supplement products a good business

A special ” brigadeiro”(kind of brazilian specialty chocolate) made ​​from milk powder and whey protein (protein isolate extracted from whey or rice and soy), is the bet of the brazilian chef Gustavo Johnson, 27, to win the audience that attends gym academies and is into fitness in Brazil and make his company, Chef&Você grow. Whey [...]

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Eike Batista selling his hotel projects in Rio

The European group Acron announced on Sunday the purchase of the Hotel Gloria, bought from Eike Batista in Rio de Janeiro, on its first investment in Brazil. The company, which did not mention the amount paid for the hotel which was controlled by Eike’s real estate company, REX, said they are negotiating the management of [...]

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Research: living in Brazil is a dream for many foreigners. But do they all know it has a price? A high price.

Brazil is one of the 12 most desirable countries to live, according to a series of surveys conducted in 65 countries by WIN – Collective of Leading Research Institutes in the World – and tabulated by Estadão Data, on an article published today on Agência Estado. According to the article, economic growth in the last [...]

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Foreign tourists to inject 9 billion dollars in the brazilian economy in 2014

Foreign tourists should inject US $ 9.2 billion (about R$ 22 billion ) in the Brazilian economy in 2014, according to estimates by the Brazilian Tourism Institute (Embratur). If the prediction is confirmed, it will represent an increase of 38.5 % compared to 2012 when US$ 6.64 billion (R$ 15.6 billion) in international currencies were [...]

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Rio, between the First World and the Middle Ages: bad coverage from international press for Brazil

At the same day that Mayor Eduardo Paes was announced as the chairman of the C40 Cities Climate Leadership in New York, the city of Rio de Janeiro was featured on two articles of renowned newspapers ‘ The New York Times” and “Der Tagesspiegel” from Germany, calling attention to the reality of social inequality and [...]

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Two thousand dollars (2.000 U$D) Playstation 4! Only in Brazil.

The PlayStation 4 is very expensive in Brazil, and that no one can discuss as you can see on Yahoo’s article. And we know about the tax burden in the country that makes many products have a higher price over there, showing a large discrepancy even when compared to their neighboring countries. Even so, when [...]

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Brazil, the country that just can’t move forward: another failing industry, commercial aviation

A recent article on O Globo shows how the aviation industry in Brazil is going from bad to worse. This article that The Local tells you a little bit about down here is the first of a series of articles about how Brazil is a country where nothing really moves forward. The country with its [...]

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Yelp arrives in Brazil

Yelp, the american giant website of online recommendations, aired on Thursday its Portuguese version in Brazil, which should stir the segment in the country. So far, Kekanto, Pointer, Foursquare and Google (with its mapping service) maintained similar pages, gathering consumer ratings on local trade and services. Like rivals, Yelp offers searches by facilities, enhanced service [...]

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Brazil going from bad to worse

The British magazine The Economist criticized again the Brazilian economy. In an article published on Thursday, the magazine said that Brazil’s economy is “disappointing” and that the country “is stuck in the mud.” The magazine also noted that the Brazilian GDP grew only 0.6% in the first quarter of the year, the magazine states that [...]

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Brazilian government announces round of bidding for exploration of the pre-salt oil area

The National Energy Policy Council approved on Thursday (23), the realization of the 1st round of bidding under sharing scheme in the area of the brazilian ​​pre-salt oil for October. According to the article published on Wednesday, the National Petroleum Agency (ANP) is authorized to conduct the bidding in October 2013. The area will be [...]

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Prices of meals are expensive too in Brazil

The average cost of a meal in a restaurant in Brazil was R$ 27.40 last year (about 13 U$D). In São Paulo, the average was R$ 30.71 per meal(about 15 U$D), 12.1% higher than the national level, according to a survey published in the newspaper Folha de Sao Paulo by Assert (Associação das Empresas de [...]

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Government worried about brazilians purchasing goods abroad, from Revista Exame

An article on Revista Exame this week sheds light on government data that showed that overseas purchases are increasingly common in Brazil with the accessible rate for the dollar against the real, noncompetitive industry in the country and transportation facilities. The magazine nailed it in the head defining in a few words what exactly happens [...]

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