Brazil's economy added the fewest net payroll jobs in a decade in 2013, a sign that three consecutive years of weak economic growth is weighing down the economy, according to the latest government data. However unemployment remains at record lows.
Curitiba risks being dropped as a venue for this year's World Cup finals if work on the Arena da Baixada stadium there fails to make significant progress, FIFA secretary general Jerome Valcke said on Tuesday. Curitiba is set to host four group matches, including the meeting of holders Spain and Australia.
Argentina’s tax revenue was at last count the largest and fastest growing in the region, the UN Economic Commission for Latin America and the Caribbean (ECLAC) revealed on Monday. At 37.3%, the latest tax revenue-to-GDP data put Argentina ahead of Brazil, with tax revenue worth 36.3% of its GDP in 2012 — and a few percentage points above the average for OECD countries at 34.6%.
Brazilian retailers said they were seeking support from President Dilma Rousseff after several shopping malls were closed to stop weekend flash mobs. Scores of youths, brought together via social media, gathered at upscale malls in several major cities, including Rio and business hub Sao Paulo.
Christ the Redeemer, the iconic statue with its arms extended overlooking Rio de Janeiro in Brazil was struck by lightning damaging the statue's right hand thumb, making it lose one finger, according to officials from the Archdiocese of Rio, which manages the statue.
Brazil's central bank raised its benchmark interest rate on Wednesday to 10.50% from 10%, a larger-than-expected hike aimed at curbing inflation in spite of a weak economy. The decision by the bank's monetary policy committee, Copom, was unanimous.
Avianca Brasil has joined Azul in becoming the second Brazilian airline to promise to cap prices for the upcoming football World Cup, which opens June 12 in Sao Paulo. Avianca said it would match Azul and limit one-way fares to a maximum of 999 Reais (425 dollars).
Twelve people were killed in the Brazilian city of Campinas, the second biggest in São Paulo state, on Sunday night with police investigating if the murders were linked. All of the murders occurred during a three-hour period in the Ouro Verde area, in the city’s periphery, and were followed by the torching of three buses and a car by hooded men.
Brazilian consumer prices ended 2013 higher than expected at 5.91%, above the upper limit of the government target, after inflation surged in December, official statistics released Friday showed. The Brazilian Institute of Geography and Statistics (IBGE) said last month's inflation figure of 0.92% was the highest for December since 2002, and compared with 0.54% a month earlier.
Brazilian report shows at least 218 inmates were killed in the country’s jails last year, an average of more than one convict slain every two days. The data was published by Brazilian daily Folha de Sao Paulo on Thursday.