In the south of the northern state of Roraima, land costs one seventh of real state in other large centers of agricultural production in Brazil. In spite of that, when flying over it, it is possible to see areas that have been open for decades and have been abandoned due to lack of resources. They […]
Hospital Care – a group with 13 hospitals and 30 clinics owned by Crescera and Abaporu funds, of the businessman Elie Horn – is negotiating the sale of part of its business with the insurance company Bradesco Saúde and local and foreign private-equity funds. Bradesco is interested in a 30% stake in the hospital group […]
The Brazilian monetary authority has been sailing in the dark for almost two weeks without the latest editions of the Focus survey, which collects the estimates of economic agents for several key indicators in the management of the country’s monetary policy, such as inflation (IPCA), activity (GDP), and interest rates (Selic). It does not mean, […]
The director-general of the World Trade Organization, Ngozi Okonjo-Iweala, will arrive this weekend in Brasília on her first visit to Latin America. One of her interests is to find out how much Brazil can help prevent an imminent global food crisis. If Brazil exports additional food, it could help to slow rising global prices, Ms. […]
The federal government has decided to raise salaries of all federal civil servants by 5% from July. According to sources, the decision was made on Wednesday afternoon, during a meeting between Chief of Staff Ciro Nogueira and Economy Minister Paulo Guedes. The decision had the backing of President Jair Bolsonaro. President Bolsonaro had promised to […]
In a mission to Brazil, the CEO of Dubai Multi Commodities Centre has visited Minas Gerais, Espírito Santo and São Paulo. In the headquarters of the Arab Brazilian Chamber, he addressed businesspeople and talked about what he wants from the relation with the country in sectors such as coffee and marbles. São Paulo – Coffee, […]
Brazilian companies raised R$105.2 billion in the local capital market in the first quarter of 2022, the association of securities firms Anbima said. This is an all-time-high amount for a first quarter since records began. Fixed-income issues stood out amid double-digit interest rates. Companies raised R$93.5 billion through bonds and other instruments between January and […]
Airbus ended Tuesday, in São Paulo, the demonstration tour of the A220 model in South America, a market where the new family of aircraft – formerly part of Bombardier’s CSeries program – has not yet won customers. The European plane maker vows to deliver lower operating cost than large narrow-body jets and offer more seats […]
Activity in the services sector fell by 0.2% in February, compared to January, according to the Monthly Services Survey (PMS) released Tuesday by the statistics agency IBGE. The seasonally adjusted result was well below the median estimate of 20 consulting and financial firms consulted by Valor Data, which estimated a growth of 0.7%. The projections […]
The inflation surge is expected to virtually annul the government’s attempt to offer support to household income and, consequently, to consumer spending, with fiscal stimulus measures such as the release of money from the Workers’ Severance Fund (FGTS) from this month on, a study by Santander shows. Economists Gabriel Couto and Ítalo Franca estimate that […]