Stories written by Mario Osava
Mario Osava has been an IPS correspondent since 1978, first from Portugal, then from Brazil starting in 1980. He has covered events and processes all throughout Brazil and has recently been engaged in covering major infrastructural projects that reflect opportunities for development and South American integration. | Twitter |

RIGHTS-BRAZIL: People Begin to Pay Bill for Devaluation

Brazilians have begun to feel the impact of the devaluation of the real, which especially affects public employees, street vendors and formal sector workers who depend on imports, and all those who owe foreign-denominated debts.

ECONOMY-BRAZIL: Changing Course at Forced March

The over 40 percent devaluation of Brazil's real has forced the local economy to shift course fast, in some areas back toward an import substitution model.

ECONOMY-BRAZIL: Real, Stock Markets Slide Against Expectations

The Brazilian real suffered a new slide Thursday amidst jitters that also caused the stock markets to decline, defying expectations of better times arising from parliament's approval of the most controversial fiscal measure.

WEEKLY SELECTION: Brazil, the Right Decision or Attempted Suicide?

By widening the band in which the real (the local currency) traded, Brazil's Central Bank made the correct decision Wednesday, according to some analysts - or took one more step toward the abyss according to others.

WEEKLY SELECTION: Brazil’s Central Bank Gives In to Market

Brazil's Central Bank gave in to market pressures Friday and suspended the exchange rate band adopted two days ago, allowing the local currency, the real, to float free.

WEEKLY SELECTION: Rising Hopes Against a Crash of the Real

Euphoria in the markets and the tendency of a free floating Brazilian real not to exceed a rate of 1.50 per dollar heightened hopes that the devaluation in Brazil would not degenerate into a Mexican, Asian or Russian-style meltdown.

ECONOMY-BRAZIL: Central Bank Gives In to Market

Brazil's Central Bank gave in to market pressures Friday and suspended the exchange rate band adopted two days ago, allowing the local currency, the real, to float free.

BRAZIL: Feature-film to Confirm Dumont the “Father of Aviation”

Brazil's Alberto Santos Dumont, inventor of the aeroplane 92 years ago, will be the subject of a new film depicting the decisive role he played in conquering the clouds.

HEALTH-BRAZIL: Close on a Thousand Lives Saved by New Road Rules

Brazil's National Traffic Code, brought in on January 23, 1998, made a decisive contribution to reducing the number of deaths on federal highways last year.

LATIN AMERICA: The ‘Mercosur of Terror’ or Integrated Repression

The southernmost region of the Americas is today united through trade and economic cooperation under the Southern Cone Common Market (MERCOSUR), but in previous decades, its countries were linked in a totally different type of integration.

LATIN AMERICA: The ‘Mercosur of Terror’ or Integrated Repression

The southernmost region of the Americas is today united through trade and economic cooperation under the Southern Cone Common Market (MERCOSUR), but in previous decades, its countries were linked in a totally different type of integration.

FINANCE-BRAZIL: The Provinces Strike Back,

Brazil's stock exchanges plummeted again Thursday following a moratorium declared by the Minas Gerais state government, launching a new internal source of financial turbulence which rebounded throughout the continent.

POPULATION-BRAZIL: Agrarian Reform Faces Identity Crisis

Brazil's agrarian reform has been presented by its government as a success, but its future appears uncertain, partly because of a growing rural-urban drift.

BRAZIL: Women Live Longer and Study More than Men

Brazilian women can celebrate the new year in the knowledge they have a statistically more promising future than their male compatriots, as they are better educated and live longer.

BRAZIL: Women Live Longer and Study More than Men

Brazilian women can celebrate the new year in the knowledge they have a statistically more promising future than their male compatriots, as they are better educated and live longer.

FINANCE-BRAZIL: Weighed Down by Taxes and Interest Rates

Brazil's taxes and interest rates are among the world's highest and this is affecting its economic growth as well as its ability to compete on the world market, according to industrialists, legislators and union leaders.

BRAZIL-OUTLOOK: A Turbulent Year for Finances

This year saw a sharp reassertion of economic globalisation and the tyranny of finances. As well as lessons, 1998 provided consequences that will hit a number of Latin American countries even harder next year.

MUSIC-BRAZIL: Singing Priests Woo Converts

Up there in the top 10 on the music charts in Brazil nowadays is Catholic priest Marcelo Rossi, and other men of the cloth also are becoming pop stars as the church tries to net converts among the young.

RIGHTS-BRAZIL: Hunger Strikers Set New Nat’l Record

Five Chileans, two Argentineans and a Brazilian serving time in Brazil for the kidnapping of a prominent local businessman reached the 37th day of a hunger strike Tuesday, making their fast the longest in Brazilian history.

TRADE-LATAM: Mercosur Summit Glosses Over Differences

The presidents of the Southern Cone Common Market (Mercosur) member states, and associates Bolivia and Chile, ended their meeting here Thursday with declarations and agreements that represented small advances while glossing over smouldering disputes.

RIGHTS-LATAM: Women Gain Their Own Forum in Mercosur

Women in the countries of the Southern Cone Common Market (Mercosur) now have their own forum, which will directly influence decision-making in South America's largest trade bloc.

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