An article from Tribuna do Norte (we saw it mentioned at the blog Guia Natal) reflects on increasing living costs in Natal, capital of Rio Grande do Norte. Prices have gone up to the point where Natal is today the most expensive capital in Northeast Brazil, surpassing Recife, Salvador and Fortaleza. The reason for the [...]
Michael Sommers, author of the Moon Travel Guide to Brazil, published recently a blog post with the title The World’s Most Overvalued Currency reflecting on how expensive Brazilian has become in recent years – for those coming to visit the country but for those living in Brazil too! Essential reading, as it is the case [...]
“Brazilian hotels, the most expensive in the world”. “Rio de Janeiro, the most expensive city of the Americas”. “Accommodation in São Paulo or Rio de Janeiro is more expensive than in Berlin”. The media headlines tell the story of how expensive Brazil has become in recent years. An overvalued local currency means foreign tourists will [...]
New R$50 and R$100 bank notes are being issued today in Brazil. The new notes introduce new anti-counterfeit measures. The Brazilian Central Bank is launching first the notes with the highest values. During 2011 and 2012 the remaining notes will be replaced as well. Below, the way the new notes look according to the site [...]
The article When the chips are down published recently by The Economist featured a table with recent Big Mac Index data that shows how Brazil has become a very expensive destination. The index is a a semi-humorous attempt to compare living costs throughout the world, by comparing the cost of a single product, the Big [...]
