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Brazil extends tax breaks on computer, smartphone sales
Brazil extended tax breaks on computer and smartphone sales until the end of 2018, foregoing about 7.9 billion reais ($3.5 billion)in tax revenues next year, the Finance Ministry said on Thursday. The policy of keeping the so-called PIS/Cofins payroll tax at zero for computers, smartphones, tablets, modems and routers was scheduled to finish at the end of 2014, but the ministry said in a note it ...
Thu, 21 Aug 2014 11:54:47 -0700

Brazil's slump hits job market as election approaches
SAO PAULO/BRASILIA, Aug 22 (Reuters) - Many of Brazil's biggest retailers, homebuilders and carmakers are cutting jobs as Latin America's largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff's re-election bid. For years, low unemployment was key to Brazil's emergence as an economic power and important gains in the fight against poverty. The unemployment rate ...
Fri, 22 Aug 2014 10:10:03 -0700

Insight: Brazil's slump hits job market as election approaches
By Brad Haynes and Silvio Cascione SAO PAULO/BRASILIA (Reuters) - Many of Brazil's biggest retailers, homebuilders and carmakers are cutting jobs as Latin America's largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff's re-election bid. For years, low unemployment was key to Brazil's emergence as an economic power and important gains in the fight against ...
Fri, 22 Aug 2014 10:36:45 -0700

Brazil's Silva launches bid, threatens Rousseff re-election
By Anthony Boadle BRASILIA (Reuters) - Environmentalist Marina Silva officially launched a bid for president on Wednesday, upending Brazil's October elections and threatening the ruling Workers' Party's 12-year hold on power. Silva, until now a vice-presidential candidate for the Brazilian Socialist Party, accepted its nomination to top the ticket after candidate Eduardo Campos, a former ...
Wed, 20 Aug 2014 19:30:13 -0700

Brazil Socialists pick new candidate, target Rousseff
Brazil's Socialist party named popular environmentalist Marina Silva its presidential candidate Wednesday, reshaping the political landscape after her late running mate Eduardo Campos died in a plane crash last week. Campos's death has radically transformed the outlook for the October vote, possibly setting up Silva, his former vice presidential candidate, to unseat incumbent Dilma Rousseff in a ...
Wed, 20 Aug 2014 18:30:11 -0700

Brazil expands labor rights for domestic workers
Nivea dos Santos got her first job as a live-in maid at age 12, dusting, vacuuming, ironing and polishing the silver of a wealthy Rio de Janeiro family from dawn until she'd fall, exhausted, into bed.
Wed, 20 Aug 2014 21:28:48 -0700

Rousseff, rivals change tack in Brazil's reshaped election
By Brian Winter and Anthony Boadle SAO PAULO/BRASILIA (Reuters) - When Brazil's notoriously private President Dilma Rousseff showed up in her kitchen cooking pasta in a campaign TV ad this week, it was one of the clearest signs yet that the country's October election is up for grabs. Rousseff and other candidates are shifting strategies and showing rarely seen sides of their personalities in ...
Thu, 21 Aug 2014 11:12:27 -0700

Grassroots leader Marina Silva angles for Brazil's mainstream
By Brad Haynes SAO PAULO (Reuters) - Thrust by tragedy into the center of Brazil's presidential race, environmentalist Marina Silva is riding a groundswell of anti-establishment anger but her chances hinge on expanding her coalition and winning over mainstream voters and business leaders.     Silva was the vice-presidential running mate of Eduardo Campos, a respected but lesser known former ...
Wed, 20 Aug 2014 17:31:55 -0700

Exclusive: Brazil's Silva would get opposition's support in election runoff
By Brian Winter SAO PAULO (Reuters) - Brazil's biggest opposition party would support Marina Silva for president if its own candidate fails to make an October runoff, a party source told Reuters, an alliance that would damage President Dilma Rousseff's chances for a second term. The presidential race was upended last week by the late entry of Silva, a popular environmentalist and anti ...
Wed, 20 Aug 2014 13:13:33 -0700

Brazil boosts credit as economy nears recession
Brazil's government unveiled a flurry of measures on Wednesday aimed at pumping credit into a languishing economy, its latest effort to avoid a recession as a tightly contested presidential election draws closer. The Brazilian central bank increased the amount of capital available for commercial loans by at least 25 billion reais ($11.1 billion), the second such move in less than a month. The ...
Wed, 20 Aug 2014 12:34:58 -0700


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