Brazil’s real rose to a five-month high as President Dilma Rousseff’s decline in another poll added to speculation that she will struggle to win re-election after consecutive years of stalling economic growth.
Brazil’s stocks, bonds and the currency rallied as a drop in President Dilma Rousseff’s approval rating fueled speculation she may struggle to win re- election after back-to-back years of sputtering growth.
Carlyle Group LP’s partners are reaching into their wallets to bail out one of the private- equity firm’s first investments in Brazil, seeking to protect its growing business in South America’s biggest economy.
Sitting in his freshly painted living room as his son plays nearby, Joao Pedro de Souza recounts a peak moment in his life. Last year his family left a shanty in the vast slums of Sao Paulo and moved into this new two-bedroom apartment, with a full kitchen and bathroom.
The Brazilian government’s pledge to help power distributors cope with the worst drought in four decades is set to fall short of their additional spending, according to data compiled by an industry association.
In the race to succeed Brazilian President Luiz Inacio Lula da Silva, only one candidate can match the former union leader’s up-by-the-bootstraps biography: his former Environmental Minister Marina Silva .
Brazil should return to the policies of former President Luiz Inacio Lula da Silva to boost growth, tame rising consumer prices and attract foreign investment, according to Pacific Investment Management Co.
Brazil’s once-richest man, Eike Batista, is watching his empire crumble. The 16 percent plunge in the Sao Paulo stock exchange in 2013 was second-worst in the world. Meanwhile, Luzia Souza is faring better than ever in the country’s poorest state.