How Brazil Plans to Teach a Million People English Before the Rio Olympics

Enio Ohmaye was 14 years old when his family went broke. Throughout Ohmaye’s childhood, his father had run a thriving imports business, selling fine crystals and luxury watches to wealthy government employees in Brazil’s capital city, Brasilia. Ohmaye says he felt like “a spoiled little prince” during the good years. But in 1964, the Brazilian… Read more »

Investors Cheer Brazil’s Next Economic Czar

Brazilian President Dilma Rousseff is set to name Joaquim Levy, a former treasury secretary and prominent banker, as the country’s next finance minister, a move aimed at bolstering Brazil’s credibility amid slowing growth, rising inflation and falling markets, an official said. Ms. Rousseff will name Mr. Levy as Thursday, possibly with other appointments for her… Read more »

Rio 2016 Olympic mascots unveiled

One bright yellow and cat-like, with a green leaf-haired brother, the mascots for the 2016 Olympics and Paralympics in Rio de Janeiro were launched by organisers late on Sunday. The mascots, who are said to represent the animals and plants of Brazil, are a key part of the Olympics merchandising campaign which is set to… Read more »

US Olympic Committee hails Rio 2016 ‘stunning’ progress

The United States Olympic Committee (USOC) has lauded Rio’s preparations for the 2016 Games, describing the progress made by local organisers as “stunning”. A delegation of 60 USOC officials Wednesday ended a three-day visit here that included meetings with local officials and tours of event facilities, reports Xinhua. “It’s been super-great. We’ve seen some stunning… Read more »

Natal welcomes hotel giant as consumer spending increases

Hotel giant Accor is set to launch Mercure Natal to capitalise on a growing context of brand-awareness in Brazil. Consumer confidence in Brazil is up as South America’s largest country registers an increase in consumer spending. According to statistics released by the Instituto Brasileiro de Geografia e Estatistica (IBGE), domestic spending reached BRL 799,423.72 million… Read more »

TAP and GOL initiate codeshare agreement

TAP, the leading airline operating between Europe and Brazil, and Brazilian GOL – Linhas Aéreas Inteligentes, the largest low cost airline in Latin America, have agreed on an operational code-share partnership, which will provide greater convenience for those looking to travel from Europe to a number of different destinations in Brazil. This will result in… Read more »

Petrobras scandal will ‘change Brazil’ says president

Brazil’s President Dilma Rousseff has said investigations into corruption at the state-owned oil company, Petrobras, could change the country forever. She was speaking for the first time since the arrest on Friday of 23 people suspected of corruption and money-laundering. They include top executives of companies which had contracts with Petrobras. President Rousseff chaired the… Read more »