The Rio Times » Life - Brazil
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The Rio Times, a prominent English-language news company, unfolds as a comprehensive source for news spanning Rio de Janeiro and Brazil. It diligently reports on local and national politics, business, real estate, travel, and entertainment. In addition to its informative coverage, it offers a daily nightlife guide for Rio, catering to both residents and visitors. With an unwavering commitment..
The Rio Times » Life - Brazil
1M ago
Brazil’s intentional homicide rate plummeted to 17.9 per 100,000 inhabitants in 2024, its lowest level in over a decade. The Ministry of Justice and Public Security reported 38,075 murders, a 6% decrease from 2023. This decline continues a trend that began in 2020, with a 16% cumulative reduction in homicides since then. Despite this progress ..read more
The Rio Times » Life - Brazil
2M ago
Brazil’s National Electric Energy Agency (Aneel) reported a record-breaking expansion of the country’s energy matrix in 2024. The South American nation added 10,853.35 megawatts (MW) of new capacity, surpassing the agency’s target by 747.35 MW. This remarkable growth marks the largest annual increase since measurements began in 1997. The energy sector witnessed the inauguration of ..read more
The Rio Times » Life - Brazil
2M ago
Brazil’s position in the 2024 Rule of Law Index, published by the World Justice Project, paints a concerning picture of the country’s legal and institutional framework. The South American nation ranks 80th out of 142 countries, scoring 0.50 on a scale from 0 to 1, below the global average of 0.55. The index evaluates countries ..read more
The Rio Times » Life - Brazil
2M ago
A recent study by Tendências Consultoria unveils a substantial transformation in Brazil’s socioeconomic structure during Lula’s administration. For the first time since 2015, the middle class has become the dominant force in the country’s households. The study estimates that 50.1% of Brazilian households earned over R$3,400 ($550) monthly in 2024. This marks a crucial milestone ..read more
The Rio Times » Life - Brazil
2M ago
Ricardo Nunes faces a pivotal moment as he begins his new term as São Paulo’s mayor. His 100-day action plan prioritizes completing ongoing projects while navigating financial constraints. This strategy aims to deliver tangible results in Brazil’s most populous city. Education takes center stage in Nunes’ plan. The mayor aims to finish construction on three ..read more
The Rio Times » Life - Brazil
3M ago
São Paulo’s Comic Con Experience (CCXP) 2024 marks its tenth anniversary, solidifying its position as Latin America’s premier pop culture event. Organizers anticipate 300,000 visitors over four days, reflecting the convention’s remarkable growth since its inception. CCXP now occupies 115,000 square meters of the São Paulo Expo, featuring over 120 brands and 11 themed spaces ..read more
The Rio Times » Life - Brazil
3M ago
Brazilian banks have started increasing mortgage rates and implementing stricter lending conditions as the Central Bank raises basic interest rates (Selic). Itaú Unibanco led this trend by raising its average annual rate from 10.49% to 10.79% in early October. Caixa Econômica Federal, which handles 70% of Brazil‘s mortgage lending, maintains current rates but will increase ..read more
The Rio Times » Life - Brazil
3M ago
Brazil’s entrepreneurial landscape is evolving, with cities across the country offering varied opportunities for startups and innovative businesses. A recent study by Wix ranked Florianópolis as the most favorable city for entrepreneurs in 2024, scoring 7.06 out of 10. This recognition highlights the city’s growing reputation as a hub for innovation and its ability to ..read more
The Rio Times » Life - Brazil
4M ago
The Brazilian government’s recent approach to funding major events has raised eyebrows. State-owned companies Itaipu Binacional and Petrobras have contributed R$33.5 million ($5.9 million) to the G20 meeting and the Global Alliance Against Hunger and Poverty festival in Rio de Janeiro. Itaipu Binacional provided R$15 million ($2.6 million) for the festival, G20 Social meeting, and ..read more
The Rio Times » Life - Brazil
4M ago
The University of São Paulo (USP) has claimed the top spot in the 2024 Times Higher Education Latin America University Rankings. This achievement marks a significant shift in the academic landscape of the region. USP’s rise to prominence comes after six years of Chilean dominance in the rankings. Brazil now holds 7 out of the ..read more