Fitch Ratings on Thursday reaffirmed Brazil's BBB credit rating with a stable outlook, but added it expects the next government to control spending in order to avoid additional fiscal deterioration that could trigger a downgrade.
An executive from the World Cup’s hospitality services firm escaped out the back door of his plush Rio de Janeiro hotel Thursday to avoid arrest on charges of illegally selling tickets, police said.
Brazil forward Neymar has done the unpredictable once again by revealing he will support Brazil's biggest rivals Argentina in Sunday's World Cup final against Germany.
Brazilians cried, cursed their president and covered their faces in shame after their beloved football team's humiliating 7-1 thrashing by Germany in the World Cup semi-finals Tuesday. President Dilma Rousseff twitted how sad she was with defeat but called on Brazilians “we won't let ourselves stay down”.
Every player tested for drugs at the World Cup in Brazil has been cleared of doping after more than 1,000 tests came back negative, FIFA's medical committee announced on Monday.
FIFA will not take action against the Colombia player who injured Neymar and ended the Brazil star's World Cup. FIFA said its disciplinary panel cannot consider this matter under the rules because the match referee saw the challenge by Camilo Zuniga and judged it at the time.
Rio do Janeiro state police said Monday they arrested the head of the soccer world governing body's hospitality provider, accusing him of aiding scalpers who illegally resold World Cup tickets worth an estimated 100 million dollars.
The Sao Paulo Legislative Assembly has approved a bill making it mandatory for regional train and underground companies of have 'pink' wagons, exclusively for ladies at rush hours.
World football governing body FIFA has revealed that the son of Argentina Football Association (AFA) president Julio Grondona, Humberto, must present a report explaining his actions following a scandal over the resale of tickets at the 2014 World Cup.
Argentina's vehicle production reached 50,904 units in June according to the Automobile Factory Association (ADEFA), 19.8% less than the 63,461 units manufactured in the same month of 2013. Taking into account the first 6 months of 2014, production fell 21.8% compared to the same period of 2013.