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Rio 2016: One year out Brazil raises budget

Rio 2016: One year out Brazil raises budget

Brazil's government, as with all Olympic hosts, has guaranteed to finance any cost overruns.

Brazil Senate backs Rousseff by passing austerity bill

Brazil Senate backs Rousseff by passing austerity bill

Rousseff will now sign it into law.

Brazil’s growth slashed as opposition plans protests

Brazil’s growth slashed as opposition plans protests

Rousseff's opponents were delivered boons in the form of negative economic data ahead of street protests this weekend.

Yuan devaluation can stem GDP slowdown: BRICS Bank VP

Yuan devaluation can stem GDP slowdown: BRICS Bank VP

The Chinese move will not have a direct impact on the Russian rouble and financial markets, the Russian central bank said.

China supplies oil production vessel to Brazil’s Petrobras

China supplies oil production vessel to Brazil’s Petrobras

China is providing a total of $10 billion in financing for Brazil’s state-run energy company Petrobras.

Rousseff’s popularity plummets as economy shrinks

Rousseff’s popularity plummets as economy shrinks

The President’s approval rating plunged to 8 per cent in August, a record low.

Brazil’s real plummets as recession looms

Brazil’s real plummets as recession looms

Falling commodities demand and rampant inflation batter the currency as the economy contracts.

Brazil surplus target cut to stem real squeeze: Minister

Brazil surplus target cut to stem real squeeze: Minister

President Dilma Rousseff is trying to rein in the largest budget gap in 16 years that threatens Brazil’s investment grade.

Latin American currencies take a beating

Latin American currencies take a beating

In the first week of June, outflow from emerging economies reached $9.3 billion – the highest rate in seven years.

Chinese firm wins Brazil’s Belo Monte power line auction

Chinese firm wins Brazil’s Belo Monte power line auction

This is the second transmission line concession to be auctioned to connect the Belo Monte dam in the Amazon to the national grid.

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