Brazilians pay record taxes in 2011

Brazilian Internal Revenue Service (Receita Federal) announced a new records showing that taxes are moving put with the economy. Dolar is stable and country risk is down but GDP prognostics for 2011 are decelerating. The first quarter of 2011 set a record for the period of R $ 311.349 billion. This amount represents a growthContinue reading “Brazilians pay record taxes in 2011”

Stocks in Brazil – December Outlook compromised by concerns in Europe

Concerns about Europe should affect stock market performance in Brazil this month. That is what we learn from the reports of Banif and Bradesco Corretora. Companies with greater exposure to domestic market are pointed as safe ports. Banif: Tension in Europe and USA likely to overshadow positive economic news While key indicators of economic activityContinue reading “Stocks in Brazil – December Outlook compromised by concerns in Europe”