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Asher Levine

Brazil's 'new middle class' struggles as economy plunges

Oct 12 2015

SAO BERNARDO DO CAMPO, Brazil Until recently, Lucinelia de Jesus Souza's future seemed bright, running a small coffee shop that caters to factory workers and other blue-collar customers in this industrial suburb of São Paulo.

Brazil's 'new middle class' struggles as economy plunges

Oct 12 2015

SAO BERNARDO DO CAMPO, Brazil, Oct 12 Until recently, Lucinelia de Jesus Souza's future seemed bright, running a small coffee shop that caters to factory workers and other blue-collar customers in this industrial suburb of São Paulo.

Brazil, Mexico stocks likely to post modest gains by year-end: poll

Sep 29 2015

SAO PAULO/MEXICO CITY Brazil's battered stock market is likely to gain modest ground in coming months on foreign investment drawn by a weak currency, but a solid rebound looks elusive until the country's political crisis abates, a Reuters poll showed.

Brazil markets fall less than feared after S&P downgrade to junk

Sep 10 2015

SAO PAULO Brazil's financial markets fell on Thursday after Standard & Poor's cut the country's rating to junk late Wednesday, though losses were mitigated by bets that competing ratings agencies will not immediately strip Brazil of its investment grade.

Brazil markets fall less than feared after S&P downgrade to junk

Sep 10 2015

SAO PAULO Brazil's financial markets fell on Thursday after Standard & Poor's cut the country's rating to junk late Wednesday, though losses were mitigated by bets that competing ratings agencies will not immediately strip Brazil of its investment grade.

Lula's legacy threatened as Brazil crisis simmers

Aug 21 2015

Sao Paulo An ongoing political and economic crisis once more threatens to fell the tallest tree in Brazil's political landscape: former President Luiz Inacio Lula da Silva.

Lula's legacy threatened as Brazil crisis simmers

Aug 21 2015

Sao Paulo An ongoing political and economic crisis once more threatens to fell the tallest tree in Brazil's political landscape: former President Luiz Inacio Lula da Silva.

Lula's legacy threatened as Brazil crisis simmers

Aug 21 2015

Sao Paulo, Aug 21 An ongoing political and economic crisis once more threatens to fell the tallest tree in Brazil's political landscape: former President Luiz Inacio Lula da Silva.

Humble homes withstand 'perfect storm' in Brazil real estate

Aug 10 2015

SAO PAULO Brazil's once red-hot housing market has turned cold quickly, forcing many developers to slam the brakes on new construction, though one corner of the industry is so far riding out the nation's worsening economic slump.

Brazil's Rousseff announces more education spending cuts

Jul 30 2015

BRASILIA/SAO PAULO Brazil announced another cut to education spending on Thursday, the latest step back from President Dilma Rousseff's pledge to turn the Latin American giant into an "education nation" in her second term.

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