Tags BNDES

Tag: BNDES

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The president of Brazil’s Development Bank (BNDES) criticized judicial decisions handed down to companies investigated in the Lava Jato (Car Wash) corruption scandal on Monday, stating that they lack an...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Heavy rains registered in the last few days in both the Northeastern and Southern regions of the country have left tens of thousands homeless and at least seven dead, according...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Ministerio Publico Federal (Federal Prosecutor’s Office) in Brazil launched an investigation on Friday (May 12th) into irregular loans made by Brazilian Development Bank, BNDES, to the largest meat packing...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Development Bank (BNDES) of Brazil approved on Tuesday special financing conditions for those wanting to implement renewable energy generation projects in isolated areas of the Amazon region. An auction...
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - On Tuesday, October 18th, former President Lula took the opportunity to publish an exculpatory diatribe in the São Paulo newspaper A Folha, which he entitled “Why they want to convict me”....
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Representatives from the Rio-Galeão consortium, which administers Rio’s Tom Jobim International Airport, admitted it has engaged talks regarding the possibility of new investors entering the group to help pay this...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Development Bank (BNDES) announced on Tuesday (October 11th) it suspended US$4.7 billion worth of overseas contract payments granted to those companies investigated by federal prosecutors in the Lava Jato...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Social and Economic Bank (BNDES) announced on Monday (October 3rd) its plan to expand the financial institution’s support for solar projects, increasing financing from seventy percent to up to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Rio de Janeiro officials, rushing to get everything ready for the 2016 Olympics in August received bad news yesterday from the federal government. The loan to finish the construction of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The interim government of brazil announced on Tuesday the first economic measures to try to improve the country’s ailing economy, by cutting down spending and reducing Brazil’s public debt. Finance...
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