About Gelcy Bueno

This author has not written his bio yet.
But we are proud to say that Gelcy Bueno contributed 6833 entries already.

Entries by Gelcy Bueno

Antitrust regulator OKs sale of Big to Carrefour

CADE did not disclose how many stores will be sold or the deadline for the deal — Foto: Divulgação Antitrust regulator CADE approved, with restrictions, the acquisition of Big by Atacadão — Carrefour’s Brazilian subsidiary. It will require the sale of some self-service units (supermarkets, hypermarkets, cash-and-carry stores, or buyers’ clubs) of the Big group. […]

Brazil may need to sacrifice GDP growth to tame inflation

Solange Srour — Foto: Silvia Costanti/Valor Faced with a complicated scenario for inflation, which threatens to stay above the target cap for the third year in a row, as well as an exchange rate that may remain depreciated, despite a super-attractive interest differential compared to foreign countries, Brazil may face the possibility of having to […]

Government shows no interest for $1bn to protect forests

The lack of engagement of the federal government is leaving Brazil out of an innovative initiative by three countries — the U.S., Norway, and the United Kingdom — and a group of large companies with an initial $1 billion to protect forests. It is the Leaf Coalition (Lowering Emissions by Accelerating Forest Finance). It pays […]

Medium-sized banks face more defaults than large ones

Mid-sized banks are suffering more than their larger rivals in the current cycle of rising default rates. With a less diversified portfolio, a more aggressive approach to draw clients and a less attractive funding structure, these lenders tend to see the quality of their assets deteriorate more when faced by adverse macroeconomic scenarios like the […]

Brazil will “dance” with U.S., China, Guedes says in Davos

Guedes met UBS CEO Colm Kelleher — Foto: Reprodução/Twitter/ME Economy Minister Paulo Guedes said that “everyone is going after Brazil” at the World Economic Forum and that, with the turnaround in world geopolitics, the country will “dance” with the U.S. and China at the same time. In a conversation with journalists, Mr. Guedes said that […]

Analysis: Inflation nightmare is not over

The snapshot of inflation offered by mid-month inflation index IPCA-15 in May makes it clear that Brazil is still in inflation hell, unlike what Economy Minister Paulo Guedes said last week. Inflationary pressures remain widespread, with strong increases in the prices of services, industrial products, fuels and food at home. Even with the significant deflation […]

Change at Petrobras increases uncertainty

One day after the government’s decision to change Petrobras CEO – the third in little more than a year – the market’s perception of risk regarding the company’s pricing policy has increased even more. The oil company’s board of directors meets on Wednesday, and the meeting may be decisive to define how long its pricing […]

Projects recreate ecosystems in Amazon, Atlantic Forest

The restoration of forests in Brazil has been gaining supporters in the private sector and also in the public sector. Despite the long and uncertain way to go to reach the government’s goal of recovering 12 million hectares until 2030, recent initiatives like the one from newcomer re.green, the multinational packaging company Tetra Pak, the […]

Solvay gives up selling Latin American assets

Daniela Manique — Foto: Ana Paula Paiva/Valor Belgium’s Solvay, owner of Rhodia, closed the doors to a potential sale of assets in Latin America after deciding to split businesses into two independent, public companies. Instead, the operation will gain prominence within the global essential chemicals company to be formed from the split, said Daniela Manique, […]

Vocational education is key for Brazil but a pact is needed

Guilherme Lichand — Foto: Thays Bittar/Divulgação The advancement of vocational education to 40% or 50% of the places offered in high schools, from 10% now, is a strategy that can contribute to the country’s development, with increased productivity, reduced inequality, and increased opportunities for young people, experts say. Considered “revolutionary” by some, this path requires […]