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Tag: BNDES

By Dorah Feliciano, Contributing Reporter BRASILIA, BRAZIL – The Brazilian Development Bank (BNDES) announced it is opening up a R$500 million credit line for independent truckers while the federal government declared it will invest R$2 billion for the construction, repair,...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s President, Michel Temer, is expected to sanction on Wednesday a law that will allow the government to use revenues from public lotteries for public security programs. The government...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Economist Joaquim Levy accepted the invitation to preside over Brazil’s Economic and Social Development Bank (BNDES), announced future Economy Minister, Paulo Guedes on Monday. Last week, newly-elected president, Jair...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The federal government in Brazil agreed to disburse extra funds for security agents in Rio de Janeiro during the military intervention in the state’s public security system, according to...
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”....

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