fbpx

Tag: Loans

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 – Banks in Brazil will have to allocate approximately R$6 billion from rural deposits and savings to small farmers, announced Brazil’s National Monetary Council (CMN) on Thursday. "The change will...
By Melissa Van Brunnersum, Contributing Reporter RIO DE JANEIRO, BRAZIL – AgeRio released survey results last month indicating that between 2013 and 2017, the state development agency provided loans worth R$56 million for thirty projects to promote innovation and economic...
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 Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Yesterday (January 26th) the state of Rio de Janeiro signed a term of commitment to receive financial relief from the federal government. To remedy a deficit that should reach R$26,132...
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 – In a surprise move, suspended President Dilma Rousseff announced Tuesday through a social media account that she would not attend Wednesday’s Senate committee hearing examining arguments for her impeachment. Rousseff...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The first witnesses for the prosecution took the stand on Wednesday (June 8th) in the impeachment trial of Brazilian President Dilma Rousseff. The witnesses, speaking before Brazilian senators, stated that...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government announced on Thursday measures to boost production and recover the country’s growth, including a credit injection of R$83 billion (US$20.4 billion) into the economy. Among the measures...

LATEST NEWS

WEATHER

Rio de Janeiro
light rain
25.3 ° C
26.1 °
25 °
88 %
3.1kmh
75 %
Sun
25 °
Mon
27 °
Tue
28 °
Wed
31 °
Thu
28 °
error: Content is protected !!