Brazil’s Jobless Rate Rises in April More Than Analysts Forecast by David Biller/Bloomberg 9:19 AM BRT May 21, 2015 Brazil’s unemployment rate rose in April more than analysts forecast as Latin America’s biggest economy heads to its deepest recession in 25 years. The jobless rate rose to 6.4 percent from 6.2 percent a month earlier,... Continue Reading →

Thu May 21, 2015 7:42am EDT Brazil's economic activity down 1.07 pct in March -central bank BRASILIA/Reuters May 21 The Brazilian central bank's IBC-Br economic activity index dropped a seasonally adjusted 1.07 percent in March from February, the bank said on Thursday. The index showed that the Brazilian economy contracted 0.8 percent in the first... Continue Reading →

Brazil’s Real Advances as Levy’s Fiscal Measures Clear a Hurdle by Paula Sambo/Bloomberg 10:09 AM BRT May 20, 2015 Brazil’s real climbed for the first time in four days as a vote by lawmakers supported Finance Minister Joaquim Levy in his effort to reduce budget deficits and preserve the nation’s investment-grade status. The currency gained... Continue Reading →