NEWSLETTER – August 2026 08/03/2026 CENTRAL BANK EXPECTED TO CUT RATES TO 14%, LEAVE DOOR OPEN TO MORE EASING Inflation and economic activity data support another quarter-point cut, with policymakers expected to lower benchmark rate for a fourth consecutive meeting The latest round of economic activity and inflation data has strengthened market confidence that […]
Rapporteur orders further investigation into disputed aspects of American Airlines’s investment in Azul 08/30/2026 Brazil’s Administrative Council for Economic Defense (Cade) has accepted an administrative appeal filed by Abra, the holding company of Gol and Avianca, challenging American Airlines’s investment in Azul. The appeal was accepted Wednesday (26) night by the Cade […]
Non-partisan plan designed by experts includes minimum retirement age of 67 and changes to benefit design and financing model 08/30/2026 Economist Paulo Tafner is part of the group that drafted the plan, which is coordinated by former central banker Armínio Fraga — Photo: Leo Pinheiro/Valor Amid rising public debt and the fiscal effort […]
Foreign Trade Chamber is set to vote on keeping levy for another 60 days, raising concern among oil producers 08/27/2026 Brazil’s Finance Ministry has backed extending the 12% tax on oil exports for another 60 days, Valor has learned. The proposal will be considered this Thursday (27) by the Foreign Trade Chamber (Camex), just ahead […]
Bread brand was auctioned in July after Mexico’s Bimbo struggled to complete a divestment required by Brazil’s competition watchdog 08/27/2026 Nutrella is among the brands Bimbo agreed to divest after its Wickbold acquisition — Photo: Divulgação/Nutrella Panco has formally submitted an offer to acquire bread brand Nutrella, which was sold at auction in […]
Tax incentives could help attract investment as infrastructure constraints, saturation in U.S. create opportunity for Brazil 08/27/2026 Andriei Gutierrez — Photo: Divulgação As the Brazilian Congress prepares to consider the data center tax incentive program, the country is seeking to capitalize on growing constraints and resistance to new facilities in the U.S. […]
Real sales growth was the weakest since 2021, while regional chains continued to expand faster 08/26/2026 (From left) EduardoTerra and Alberto Serrentino — Photo: Gabriel Reis/Valor As major retail groups face a series of debt renegotiations, new figures point to a pronounced slowdown across the sector. The companies ranked among Brazil’s 300 […]
Brazilian mining group could back BlackRock-owned GIP and Gerdau in bid for Rio de Janeiro iron ore terminal without taking an equity stake 08/25/2026 Porto Sudeste, in Itaguaí, Rio de Janeiro, is seen as an attractive asset, but iron ore volumes remain below capacity — Photo: Divulgação Vale is exploring a structure […]
White House lists Brazil among countries accused of facilitating illegal transshipment of Chinese goods but experts say country makes little sense as a hub for transshipping 08/25/2026 Caroline Freund — Photo: Divulgação The inclusion of Brazil on a list of countries that the United States accuses of helping China evade tariffs imposed by the White House on the […]
Petrochemical producer wins 90-day standstill after securing support from holders of 39.6% of debt covered by proceeding 08/25/2026 Braskem is working to restructure its finances amid mounting pressures — Photo: Edilson Dantas/O Globo Braskem, one of the world’s ten largest petrochemical companies, filed Monday (24) for court approval of an out-of-court restructuring […]