Latin American market roundup

SANTIAGO, Chile, Aug. 1 (UPI) -- Having added Uruguay as yet one more troubled member of the list of dwindling economies in the region, Latin America is once more appealing to the benevolence of its traditional money-lender: the International Monetary Fund, IMF.
GONZALO BAEZA, UPI Business Correspondent

IMF's Krueger in Brazil, team in Argentina

RIO DE JANEIRO, July 22 (UPI) -- The International Monetary Fund's No. 2 official is in Brazil this week to huddle with leaders in the public and private sectors, trying to keep South America's biggest economy afloat -- but with top candidates for October's presidential election distanci
BRADLEY BROOKS, UPI Business Correspondent

Brazil markets drop; new IMF package possi

RIO DE JANEIRO, July 15 (UPI) -- Brazilian officials are likely to use up their remaining credit with the International Monetary Fund sooner than expected, a local daily reported Monday, with markets continuing to fall in the face of an October presidential election that could see a busi
BRADLEY BROOKS, UPI Business Correspondent
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Folha de S.Paulo, known simply as Folha (Portuguese pronunciation: , Sheet), is a Brazilian daily newspaper founded and continuously published in São Paulo since February 19, 1921. Owned by the Frias de Oliveira family since 1962, it has Brazil's largest circulation since 1986. Alongside O Globo and O Estado de S. Paulo, Folha is considered one of the most influential newspapers in the country.

The newspaper is considered to have played a major role during the military dictatorship. With the return of press freedom, it became an important channel for public expression. Folha also had an important role during the impeachment of President Fernando Collor de Mello in 1992. It has a partnership with Wikileaks to publish the United States diplomatic cables in the country, alongside O Globo.

Nevertheless, Folha's circulation has been on a sharp decline since the past decade. On December 1998, it led the circulation of Brazilian newspapers with an estimated 513,000 copies printed daily. Ten years later, its circulation was estimated at 299,000 copies, which represents a decrease of 41%, although it stills leads the newspaper market, which has been facing a decline as a whole.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Folha de Sao Paulo."
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