Full speed ahead for Brazil’s car industry

Brazil’s booming automobile industry has already sold 1.4 million units in five months. April saw the industry set a new record with 316,985 cars sold according to Anfavea, Brazil’s auto manufactures’ association. May showed an equally impressive 300,541 cars sold, only dipping below April’s figures due to two public holidays. The latest figures show in… Read more »

Brazil to invest $1.2bn in Rio de Janeiro’s favelas

Brazil’s President Dilma Rousseff has announced an investment of more than $1.2bn (£770m) in favelas, or shanty towns, in the city of Rio de Janeiro. Ms Rousseff said the money would be spent improving three areas – Rocinha, Jacarezinho and the Lins complex. They will be integrated with the rest of the city as Rio… Read more »

An iconic venue from the Rio skies

It’s an enchanting view of an enchanting city, and it’s one you could see if you peak out of the aeroplane window on your way to the FIFA Confederations Cup or next year’s FIFA World Cup™ – one from the beautiful blue skies down on to Rio Janeiro. Conspicuous on the picture is, of course,… Read more »

Brazil World Cup Final Venue Opens After Delays, Cost Overruns

Brazil’s President Dilma Rouseff was among those present today for the reopening of the stadium that will host next year’s World Cup final, after a three-year renovation program blighted by delays and cost overruns. The Maracana in Rio de Janeiro, one of soccer’s most well- known stadiums, hosted an exhibition match featuring teams captained by… Read more »

Brazil property price rises beat all other countries

Real estate prices in Brazil have risen more than any other country in the world, new figures show. Brazil prices increased 13.7% from the year to December 2012, according to Knight Frank’s Global Real Estate Index. Higher rises were obtained in Hong Kong and Dubai, but they are not countries. Brazil was also the highest… Read more »