Brazil's economy contracted 0.26% in October, ending a three-month growth streak and coming in below analysts' expectations of a 0.30% expansion, reported the Central Bank.
Vinicius De Moraes and Antonio Carlos Tom Jobim extend bossa nova influence to Olympìc and Paralympic Games symbols respectively.
The currency closed at R$ 2.76 per US$ 1 dollar. Domestic politics, international oil prices, US Fed measures and Russian ruble drop to blame.
Scientists at the Instituto Oswaldo Cruz find enzyme-producing bacteria that requires bolder therapeutic measures. Flamengo beach unfit for swimming.
A blonde Brazilian model who shot to fame after she won Miss Bumbum 2014 just as the Kim Kardashian pictures put big backsides back in fashion has had surgery to return her to being a virgin so she can once again enjoy her first time with someone special.
Brazil's government is wrapping up a financing plan for Petrobras aimed at ensuring the scandal-hit state-controlled oil giant can obtain the funding it needs for its massive investment program.
Latin American currencies will lose value against the US dollar in 2015 because of the strong US recovery and lower commodities' prices according to Itau-Unibanco, Brazil's largest private bank which also anticipates a strong fiscal adjustment by President Dilma Rousseff's next administration, in an effort to regain investors' 'confidence'.
Seven out of ten Brazilians believe President Dilma Rousseff has some responsibility in the Petrobras corruption scandal, which involves contractors and politicians, according to a public opinion poll from Datafolha, conducted on Dec. 2 and 3, including 2,896 interviews and published by Folha de Sao Paulo.
Mercosur must discipline and return to its origin as a customs union since it has become a 'straitjacket' for negotiations with other regional blocks, according to Lia Valls, foreign trade coordinator at the Brazilian Economics Institute belonging to the prestigious thinktank Getulio Vargas foundation.
Comptroller General Jorge Hage, the man in charge of fighting corruption in the Brazilian government, announced his resignation amid a widening graft scandal centered on state-run oil company Petrobras. Hage said he sent President Dilma Rousseff his resignation letter a few weeks ago, after she won re-election for a second term in office.