Category Archives: Economic Information

São Paulo’s new urban plan: a more compact city, higher buildings, next to the public transportation system

A new urban legislation for Sao Paulo, passed hastily during the World Cup will define how the city – the largest city in Brazil, the largest city in the southern hemisphere, and the world’s ninth largest city by population – may develop in the coming years. It defines items such as which areas of the [...]

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Government launches website for consumers to complain about companies

The Brazilian federal government will launch this Friday, the 27th, a website for consumers to virtually register complaints. Companies will have ten calendar days to respond to complaints. A test version of the site is already online. The free service will initially be available to consumers in the following states: Acre, Amazonas, Espírito Santo, Maranhão, [...]

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Brazil is the fifth largest market for Internet business in the world

A study by investment firm KPCB, points out that Brazil is the fifth largest market for internet businesses in the world, behind only China, the U.S., Japan and India. The American investment firm Kleiner Perkins Caufield & Byers (KPCB), in an article written by Mary Meeker, who is a partner at KPCB and a respected [...]

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Corruption at the World Cup teaches a lot about doing business in Brazil

The American newspaper Wall Street Journal ran a story on Tuesday, 27, stating that the construction of stadiums for the World Cup is delayed and were more expensive than the budget. The text points out that Brazilians are famous for leaving things for the last minute – but even Brazilians are saying it went too [...]

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Permanent visas for foreign investment in Brazil

There are many foreigners looking to stay permanently in Brazil, and these foreigners seeking permanent visa in Brazil can invest in a company, new or existing one, and be eligible to a type of permanent visa that is intended for those investing in the country. Visas for Foreign Investors in Brazil, applies to people wishing [...]

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Brazilian airlines bring down prices for flights during World Cup

In March, the National Civil Aviation Agency in Brazil had registered already a 25% fall in the average price of airline tickets for those looking to travel during the World Cup. The effect was attributed to the increased number of flights to the cities that will host the World Cup, in order to meet the [...]

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Falling house prices, higher supply than demand in rentals and airline tickets unsold

Real estate prices should have a severe devaluation after the 2014 World Cup, in the opinion of professor at the School of Economics of FGV(Fundação Getulio Vargas), Samy Dana. Professor Samy Dana estimated that the prices of some properties in the 12 World Cup host cities can plummet 50% after the sports event, especially in [...]

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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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