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  • Analysts Say Caixa Economica Does Not Need More Money

    Market specialists and members of the Brazilian government say that Caixa Economica, the second largest state-owned financial institution in Latin America, does not need a new contribution of capital this year and, perhaps, not even in 2019.

    Published on 01/22/2018 - 10h45

  • New Bill to Regulate the Cancellation of Concessions Made During Dilma Rousseff Administration

    In the coming weeks, president Michel Temer ought to sign a bill regulating the cancellation of concessions made during the administration of former president Dilma Rousseff. The main clause in the bill will allow companies who take on the concession to pay off any outstanding debt.

    Published on 01/17/2018 - 11h30

  • Oi Saga Prompts Brazil to Rethink Bankruptcy Law

    When Brazilian telecom operator Oi and its creditors reached an agreement to resolve Latin America's largest corporate debt default just before Christmas, it took many of those involved by surprise.

    Published on 01/16/2018 - 12h15

  • City That Is Home to JBS USA Views Wesley Batista as Ethical, Fair and Demanding

    When inquired about the impact that the arrests of the Batista brothers have had on the community, Justin Teitalbeum, a driver for a local taxi service company, answered with a question: "But is Wesley still in prison?".

    Published on 01/15/2018 - 10h42

  • Brazil Remains Priced for Perfection in the Eyes of Investors

    Last month, Brazilian clown and congressman Tiririca surprised people by suddenly announcing that after seven years in office, he would not run for re-election.

    Published on 01/12/2018 - 12h09

  • Brazilian Tax Crisis Creates Conflict Between BNDES and Government

    The government of Brazilian president Michel Temer (MDB) and the National Bank for Economic and Social Development (Banco Nacional de Desenvolvimento Econômico e Social - BNDES) cannot see eye to eye regarding the country's tax situation, an equation which does not seem to add up.

    Published on 01/12/2018 - 10h38

  • Brazil's Future Is Driven by Women

    During the last stage of Miss Peru in November 2017, the models came forward to introduce themselves, as is usual in beauty pageants. But rather than call out their body measurements, instead they listed brutal statistics about violence against women. "My measurements are: 2,202 cases of femicide reported in the last nine years in my country," said the first contestant.

    Published on 01/11/2018 - 12h03

  • Brazil's Inflation Below Target for the First Time Since 1998

    The inflation in Brazil reached 2.95% in 2017, below the target proposed by the Central Bank (3%) for the first time since the regime was created in 1999.

    Published on 01/11/2018 - 10h02

  • Temer Offers US$ 3 Billion in Construction Projects in Exchange for Approval of Pension Reform

    Brazilian president, Michel Temer (MDB), will provide his minister in charge of relations with Congress, Carlos Marun (Secretary of Government) with R$ 10 billion (US$ 3 billion) in "ammunition" to gain the votes of lawmakers for the Pension reform.

    Published on 01/10/2018 - 11h41

  • Acquisition of Brazilian 99 by Chinese Company Puts an End to Uber's Hegemony

    The acquisition of Brazilian company 99 by the Chinese Didi Chuxing shows that Uber's ride-hailing market hegemony has come to an end, according to Daniel Bedoya, 28, country manager of the Spanish company Cabify, in Brazil.

    Published on 01/10/2018 - 10h51