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Tag: Brazil government

RIO DE JANEIRO, BRAZIL - Brazil’s state-run oil firm Petrobras said on Monday, March 8th, that the federal government had nominated six individuals as potential members of the firm’s board of directors, to be voted on at the upcoming...
RIO DE JANEIRO, BRAZIL - With his popularity wavering, Jair Bolsonaro has increased the number of military officers in his government. The presence of Armed Forces representatives in the Executive Branch had never been this great since the restoration...
RIO DE JANEIRO, BRAZIL - Brazil's government posted a primary budget surplus in January of R$43.2 billion (US$7.8 billion), Treasury figures showed on Thursday, February 2tth, down from the same month last year but still the second highest ever...
RIO DE JANEIRO, BRAZIL -  According to AZ Quest's Walter Maciel, the political scenario in Brazil today is "diametrically opposed" to March last year, when the government had no support in Congress and was stalled in relation to the...
RIO DE JANEIRO, BRAZIL - The government's top officials have prepared a sturdy plan to dispel the financial market's unease after President Jair Bolsonaro demanded the resignation of Petrobras' CEO, Roberto Castello Branco. Three measures should be taken by the end...
RIO DE JANEIRO, BRAZIL - Attorney André Almeida, one of the parties behind the class action lawsuit for investor losses resulting from the corruption scheme investigated by Operation Lava Jato, says he is now preparing a similar lawsuit in...
RIO DE JANEIRO, BRAZIL - Brazil began 2021 with the most need to refinance its public debt among all emerging countries. With maturity substantially reduced in 2020, debt rollover this year by issuing new bonds represents 18.5% of GDP, the...
RIO DE JANEIRO, BRAZIL - Brazil’s federal government is planning to commission a fifth-generation (5G) wireless network exclusively for its own use with security requirements for equipment suppliers separate from nationwide networks, according to a document seen by Reuters. The...
RIO DE JANEIRO, BRAZIL - The Government Asset Management Company (EMGEA), which manages federal and other public administration assets and rights, will be the first government company to use blockchain technology to sell its properties, the company announced Tuesday...

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