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Economy

World Bank: Crisis could push 3.6 million Brazilians into poverty

The economic crisis could push as many as 3.6 million Brazilians below the poverty line by the end of the year, according to a World Bank study on the impact of recession on Brazilians' incomes.

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Economy

In Brazil, trade movement posts biggest drop in 16 years

The movement of consumers in stores throughout the country fell 6.6% in 2016 compared with 2015, according to the Serasa Experian Indicator of Trade Activity. This was the worst retail result since the start of the survey, conducted for 16 years.

Brasília - Renan Calheiros e  Jorge Viana chegam ao Senado para reunião com a mesa diretora ( Marcelo Camargo/Agência Brasil)
Politics

Brazil: Final Supreme Court ruling on Senate head's ouster expected today

Carmen Lúcia, the Chief Justice at Brazil's Supreme Court, has slated for this Wednesday (Dec. 7) the session to pass a final judgment on a ruling by Justice Marco Aurélio Mello to remove Senator Renan Calheiros from the Senate presidency.

Brasília - Presidente do Senado afastado pelo STF, Renan Calheirros deixa a casa acompanhado do colega Romero Jucá. Renan não assinou a notificação de afastamento (Fabio Rodrigues Pozzebom/Agência Brasil)
Politics

Brazil Senate president disregards order to leave office

A justice officer left the Senate earlier this afternoon without notifying the upper house chairman, senator Renan Calheiros, of the preliminary injunction issued yesterday (Dec.