Brazil pledges ‘zero tolerance’ on hotel price hikes

Brazil has promised not to abuse the incoming tourism for the upcoming FIFA World Cup and Rio Olympics with extortionately high hotel prices. Brazilian Sports Minister Also Rebelo has pledged a “zero tolerance” policy for any hotels charging abusive prices ahead of the sporting events. He added in the recent radio interview that any hotels… Read more »

Brazilian stocks rise

Stocks in Brazil rose during trading on Monday, with gains mainly led by the state-owned oil companyPetrobras and the the aircraft manufacturer Embraer SA, as investors responded to recent declines by spending the day bargain hunting. The country’s benchmark Bovespa stock index rose by 1.08 per cent, with shares in Petrobras advancing by 2.33 per cent, after… Read more »

Brazilian property is ‘smart choice’ for investors

Since the financial crisis hit, Brazilian property has emerged as the smart choice for investors. The BuyAssociation explained that as Europe became financially volatile, buyers began to explore the opportunities offered by developing nations. Thanks to a host of favourable economic and political fundamentals, Brazil emerged triumphant. “Not just any developing nation or region will satisfy the… Read more »

Brazil sees rise in hotel searches ahead of World Cup

The number of people searching for hotels in Brazil has dramatically increased, ahead of the country’s preparations for the World Cup next year, new figures have suggested. Data gathered by the price comparison site have revealed that the volume of inquiries in the first half of 2013 has more than doubled in some cities…. Read more »

British Architects Seek Infrastructure Opportunities in Brazil

Led by UK housing minister Mark Prisk, architects from five high-profile British practices – Haworth Tompkins, Foster & Partners, Amanda Levete Architects, Avanti Architects and de Matos Ryan – have embarked on a week-long visit to Brazil in search of major infrastructure opportunities for the 2014 FIFA World Cup and 2016 Olympic Games. The trip… Read more »

Marina Silva launches new Brazilian green party

One of the world’s most influential environmental campaigners, former Brazilian presidential hopeful Marina Silva, has launched a new political party committed to delivering green policies. Silva, who came third in Brazil’s 2010 presidential election with 20 million votes when serving as the Green Party’s candidate, used a speech on Saturday to formally launch the Sustainability… Read more »