Investors are wary after federal government’s recent measures to contain fuel prices 06/27/2022 Mariana Dreux — Foto: Ana Paula Paiva/Valor The resurgence of fiscal and political risks in recent weeks has further clouded the horizon for Brazilian assets. Market mistrust has increased with the federal government’s recent measures to contain fuel prices, so that uncertainty […]
CanPack plans to invest R$250m to produce 37 billion caps a year by the end of 2023 06/24/2022 With CanPack’s cap factory, the capital of Amazonas now houses four such units in its industrial district — Foto: Reprodução/CanPack CanPack, a Polish company that makes aluminum cans for beverages, will invest R$250 million in the construction […]
In 2021, R$3.8bn were spent in this field; in 2010, amount was R$15.3bn, highest in the series 24/06/2022 A central theme in the negotiations for Brazil’s admission to the Organization for Economic Cooperation and Development (OECD), environmental protection received last year, under President Jair Bolsonaro, the lowest amount of funds in 12 years, according to […]
Future mill will have a capacity of 2.5 million tonnes of eucalyptus pulp per year and is expected to start operating in 2028 06/23/2022 With an average distance of 150 kilometers between the plant and the forests, the unit will be the most competitive of the Chilean group — Foto: Divulgação/Zig Koch Arauco signed an […]
Group says adoption would be “monumental setback for human rights” 06/23/2022 A group of independent experts from the United Nations released a statement in Geneva on Wednesday urging the Brazilian Senate to reject a bill on pesticides, warning that its adoption will mean a “monumental setback for human rights in the country.” The experts are […]
Lawsuit is against Norwegian Norsk Hydro for pollution in Pará 06/23/2022 Tailings treatment system at the Hydro Alunorte mining facility that caused a spill in Barcarena, Pará — Foto: Igor Brandão/Agência Pará via Agência Brasil The courts in the Netherlands will decide this Friday whether to accept the lawsuit filed by quilombolas and indigenous people […]
Talks have also begun to increase emergency aid, plans are underway to increase gas voucher 06/23/2022 Rodrigo Pacheco — Foto: Roque de Sá/Agência Senado Pressured by the crisis of high fuel prices and the preventive detention, on Wednesday, of former Education Minister Milton Ribeiro on suspicion of corruption, the federal government and the governing coalition […]
Consistent delivery of business jets during Covid-19 pandemic, increasing use of fleet contributed to decision 06/22/2022 In the next three years, 150 new workers are expected to join the center’s current 150 employees — Foto: Celso Doni/Valor Embraer, the world’s third-largest commercial plane maker, doubled the useful floor area of its service center in Sorocaba, […]
Policymakers seem to hope that situation will improve to the point of making additional hike unnecessary 06/21/2022 Central Bank’s building in Brasília — Foto: Jorge William/Agência O Globo Central Bank’s Monetary Policy Committee (Copom) is now considering the possibility of maintaining interest rates at a high level for longer to meet the inflation target. This […]
Indicator was up 0.3% in comparison to March and 1.8% 06/21/2022 The Brazilian economy grew 0.3% in April compared to March, with increases of 1.8% in the quarter ending in April compared to the previous quarter, and of 2.8% compared to the same period in 2021, according to the GDP Monitor reading, announced on Monday […]