Your Daily Scan of the New Global Economy

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Brazil
President of Brazil’s National Development Bank (BNDES) Resigns By Xiu Ying RIO DE JANEIRO, BRAZIL – The president of the National Bank for Economic and Social Development (BNDES), Joaquim Levy, submitted his resignation on Sunday, June 16th. In a note sent to Economy Minister Paulo Guedes, Levy said he hoped the minister would accept it....
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Historic Farms in Rio Resume Coffee Production and Tourism Increases By Richard Mann RIO DE JANEIRO, BRAZIL – A project in southern Rio de Janeiro State is encouraging historic farms to resume coffee production. The properties are located in the region known as “Mar dos Morros” which has produced 80 percent of all the coffee...
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The Recent Huge Gas Discovery by Petrobras Could be a Gamechanger for Brazil By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian Oil giant Petrobras just made its biggest discovery in Sergipe since pre-salt, in 2006. From six fields, it expects to extract 20 million m³ of natural gas per day, the equivalent...
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Transgender People Will Have Openings in Training Workshops in Rio de Janeiro By Arkady Petrov RIO DE JANEIRO, BRAZIL – The Favela Mundo NGO will allocate 10 percent of free vocational workshops to transgender people starting in July. The vacancies are part of the A Arte Gerando Renda (Art Generating Income) project, which proposes accelerated...
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Latam Flight Heading to Rome Returns to São Paulo After Issue By Contributing Reporter SÃO PAULO, BRAZIL – A Latam plane bound for Rome, Italy, was forced to return to Guarulhos International Airport (São Paulo) after an aircraft malfunction, a Boeing 767, on Saturday afternoon, June 15th. The passengers were anxious. According to information from...
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