Bogota | Portuguese Translation - TAP Profits

Portuguese to English Translation - Traducción portugués al inglés en Bogotá

Manchete: TAP volta a registrar lucro em 2016

Headline:  TAP returns to profitability in 2016

Portuguese airline TAP recorded a profit of 34 million euros in 2016 after two years of operating in the red. Even with lower revenues compared to 2015, the company achieved major cost cutting - which generated the positive result. Revenue last year totaled 2.2 billion euros, while in 2015 cash flow was 2.39 billion euros. Costs have already declined from 2.27 billion to 2 billion euros.

Investments made by TAP during the year contributed to the positive result after the capitalization of the new shareholders. In Portugal, the company created TAP Express, offered new routes, and renewed the fleet of its regional flights. In addition, the company doubled its operations in the North American market, increasing the number of flights on existing routes and creating new ones.

[Read another Portuguese to English translation about Brazil's economic stimulus package.]

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Bogota | Portuguese Translation - Economic Stimulus

Portuguese to English Translation - Traducción portugués al inglés en Bogotá

Manchete: Após o carnaval, governo vai investir em projetos para retomada do crescimento

Headline: After the Carnival, Government will invest in projects for growth

After the carnival, Planalto will put all its energy into the approval of projects in Congress for the resumption of economic growth. While labor and welfare reforms are  still pending in the special committees of the Chamber of Deputies, the government wants to prioritize issues that keep the feeling that the country is emerging from the crisis.

"The government emphasizes continuing on the same path that offers economic results," said Minister of the Secretariat of Government, Antonio Imbassahy. 

[Read another Portuguese to English translation about lower inflation in Brazil.]

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Bogota | Portuguese Translation - Brazilian Inflation Falls

Portuguese to English Translation - Traducción portugués al inglés en Bogotá

Manchete: Inflação prevista pelos consumidores recua pelo terceiro mês consecutivo

Headline: Expected consumer inflation falls for third consecutive month  

Lower than expected inflation occurred across all income levels

The percentage of consumers seeing inflation below the upper limits of goals adopted by the government of 6.5% increased gradually by 6.4 percentage points, rising from 32.5% to 38.9% of the total, between January and February of this year. Lower than expected inflation occurred across all income levels.

According to data released today (21) by the Instituto Brasileiro de Economia da Fundação Getulio Vargas (Ibre/FGV), Brazilian consumers saw the average annual inflation lower by 0.3 percent from January to February, falling from 7.9% to 7.6%.

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Bogota | Portuguese Translation - Military Hits Rio Streets for Carnival

Portuguese to English Translation - Traducción portugués al inglés en Bogotá

Manchete: Exército é mobilizado para garantir a segurança nas ruas do Rio de Janeiro

Headline: Army Mobilized to Guarantee Security of Rio de Janeiro Streets


Relatives block exit of police from stations to demand payment of wages

The Federal Government decided to deploy 9,000 army soldiers and Marines on the streets of Rio de Janeiro to guarantee security on the eve of Carnival. The military intervention was made at the request of the bankrupt state government, which cannot pay its civil servants, including the police. The answer to the request by Governor Luiz Fernando Pezão (PMDB) for deployment of the military 20 days ago comes four days after dozens of wives and parents of military police decided to occupy nearly 30 police stations to impede their spouses from conducting patrols.  The protest movement demands better work conditions for the police and payment of back wages. Relatives provoked a disguised strike by the police who are prohibited from any demonstrations or refusal to work.  

Defense Minister Raul Jungmann on Tuesday announced details of the military force. Two days ago, despite the blockades, he said the situation in Rio de Janeiro was "under control."

[Check this previous Portuguese to English translation about the deep Brazilian recession].

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Bogota | Portuguese Translation - Deep Brazilian Recession

Portuguese to English Translation - Traducción portugués al inglés en Bogotá

Manchete: Recessão faz economia de 12 estados e do DF retroceder seis anos


Headline: Recession makes economy of 12 states and Federal District retreat six years

Study shows GDP is less today than in 2010


RIO. Two bitter years of recession in 2015 and 2016

made the economy of 12 states plus the Federal District (DF) to retrograde to the beginning of the decade, a study by Tendências Consultoria Integrada obtained by GLOBO, shows. According to projections by economist Adriano Pitoli, the Gross Domestic Product (GDP) of all 27 federal units has shrunk in this biennium. And for 13 of them, the fall was so great that it erased the expansion experienced between 2011 and 2014. In other words, the GDP of these states and the Federal District is now smaller than the one at the end of 2010.

[Check this previous Portuguese to English translation about Trump and the auto industry].

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Bogota | Portuguese Translation - Auto industry and Trump

Bogota Inglés Ya - Portuguese to English Translation

Manchete: Trump é a maior preocupação da indústria automobilística hoje

Headline: Trump is major worry today for automobile industry 

Trump is a major worry today for the automobile industry 

Auto company executives normally spend the end of the year preparing launches and strategies to boost sales. 

 But this year, the Detroit leaders have spent considerable time trying to figure out how to negotiate with the new president of the United States, Donald Trump. Union leaders are being consulted on how to reform factory work, board members are trying to find out who has friends in the new government of Trump, and special committees were created to monitor the president's Twitter account.

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Bogota | Portuguese Translation - IMF and TPP in Latin America

Manchete: Rejeição de Trump ao tratado do Pacífico não será grave para a América Latina, diz FMI

Headline: Trump Rejection of TPP not Harmful to Latin America, IMF says

Organismo qualifica situação econômica da Venezuela de “crise humanitária”

IMF calls the economic situation in Venezuela a “humanitarian crisis”

President Donald Trump hurried to use his executive authority to implement his agenda, like withdrawing the US from the TransPacific Parternship (TPP). The IMF considers the move an “important check on global integration.” However, despite its importance to Latin America, the group minimized its impact on the economies in the region.

Alejandro Werner, director of the department that monitors economic development in Latin America, says that the TPP would represent a "modernization" of the free trade agreements already signed by the countries of the region with their trading partners on the other side of the Pacific. This new milestone, therefore, would foster potentially long-term growth in Latin America.

Portuguese Translations in Bogotá

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