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Unemployment at lowest in Brazil level since government began keeping records

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Brazil’s government statistics agency says the unemployment rate in Latin America’s biggest economy was 5.2 percent in November — the lowest level since the government started keeping records in 2002. The state agency known as IBGE says the figures are a sign of the country’s solid economy in a time of global crisis. Unemployment has been decreasing in Brazil since …

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Brazil Housing Market to boom until 2017

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Investors worried about an overheated Chinese housing market need only turn to Brazil. This real estate market has legs. And the recent five year real estate boom there has a good five more years before home values stop appreciating. Housing prices have cooled in recent months, but are rising year over year. Interest rates are falling to single digits once …

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IMF president says Brazil is weathering economic turmoil

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Brazil’s economy is weathering the global economic turmoil and the crisis in the eurozone thanks to “solid” economic policies, International Monetary Fund president Christine Lagarde said Thursday. “Brazil from the IMF point of view has had a very solid track record, it’s in very good economic condition, thanks to very solid macroeconomic policies,” Lagarde said in a visit to the …

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Affordable Housing in Brazil Heading Towards Magnificent Growth

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Increasing government support coupled with domestic market growth is expected to drive the Brazil housing demand of 1.8 Million Units by the end of 2014, acknowledged, RNCOS. According to their latest research report, “Brazil Housing Sector Analysis”, Brazil housing industry has emerged as the most vibrant and dynamic section of the real-estate industry. With the entry of numerous real-estate developers, …

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Brazil prepares for major tourism boost

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Sipping a very cold beer on Rio de Janeiro’s famous Copacabana beach, it is immediately obvious that Brazil has huge potential as a tourist destination. As the city’s young and beautiful strut their stuff under the azure sky, the sea in front of you, and mountains towering behind you, Rio is a picturesque spot. Add weather seemingly sent direct from …

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Brazil aims for sustainable economy

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2012 is set to be a big year for Brazil, which is saying something given that every one of the seven years the country was under the stewardship of Luiz Inacio Lula da Silva, there were seminal accomplishments achieved. Nevertheless, next year sees Rio de Janeiro host the United Nations Conference on Sustainable Development, an event that takes place from …

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