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Tag: privatizations

RIO DE JANEIRO, BRAZIL - A few hours after the text was approved by Congress, President Jair Bolsonaro on Tuesday, June 22, sanctioned into law the bill approving an MP (Provisional Measure) that will allow the privatization of Eletrobras,...
RIO DE JANEIRO, BRAZIL - Brazil’s lower house of Congress on Monday approved the main text of a bill allowing the privatization of state-controlled energy giant Eletrobras, with the measure to advance to President Jair Bolsonaro for approval after...
RIO DE JANEIRO, BRAZIL - Brazil’s Senate voted on Thursday, June 17, to approve the basic text of a bill allowing the privatization of state-controlled energy giant Eletrobras, but the measure must return to the lower house for final...
RIO DE JANEIRO, BRAZIL - One of the most representative symptoms of the dysfunctions of Brazilian capitalism is the high number of informal workers. As soon as the novel coronavirus pandemic hit the country and the government launched the first...
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...
SÃO PAULO, BRAZIL – This week the Brazil’s economic team was stunned by the resignation of two of Paulo Guedes’ top aides: Paulo Uebel and Salim Mattar. The departures, however, are not likely to threaten the liberal agenda of...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Much of Brazil’s deficit may be eliminated with swift, effective measures, according to Economy Minister Paulo Guedes. Among the measures the Brazilian government is promising to implement are a...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The U.S. dollar closed down on Wednesday by 1.69 percent in relation to the Brazilian real as the country’s stock market registered a record high of 91,012 points. Market...

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