NEWSLETTER NOVEMBER 2024
MURRAY ADVOGADOS
Entries by Gelcy Bueno
CBA to recycle Tetra Pak packaging
Facility set to reach industrial scale in early 2025 11/26/2024 The Companhia Brasileira de Alumínio (CBA) is set to establish a plant dedicated to recycling flexible and carton packaging—commonly known as Tetra Pak—made of layers of paperboard, plastic, and aluminum, used for preserving food and beverages. Swedish multinational company Tetra Pak is the first partner […]
Carrefour apologizes, reaffirms commitment to Brazilian agriculture
French group highlights Brazil’s strict standards, high-quality beef, and longstanding partnership 11/26/2024 Carrefour Brasil released a letter on Tuesday (26) clarifying that its recent “statement of support for the French agricultural sector,” issued last Wednesday in the context of the EU-Mercosur trade agreement, was never intended to pit French agriculture against its Brazilian counterpart. The […]
Brazil powers AWS with renewable energy, CEO says
Amazon’s cloud computing giant, now under new leadership since June, continues to dominate the market 11/21/2024 The global cloud computing market reached $84 billion in the third quarter, driven by companies storing and transferring vast amounts of data—a trend attracting billions of dollars in investments. These investments are not only for building data centers but […]
Carbon tax poses limited impact on financial system, Central Bank says
Study model assesses additional emission costs through sector-specific tax imposition 11/21/2024 The Financial Stability Report (FSR) for the first half of the year indicated that a simulation measuring the effects of implementing a carbon tax to address climate risk shows a “limited impact” on Brazil’s National Financial System. The FSR was released by the Central […]
Adverse weather drives demand for rural insurance in low-adoption areas
In the Central West, insured soybean acreage rose by 500,000 hectares 11/22/2024 The rising frequency of extreme weather events in Brazil and the increasing difficulty of predicting adverse conditions and their impacts on agriculture have driven greater demand for rural insurance, particularly in regions that have historically avoided such protections. The insured soybean area—the primary […]
Vale, government discuss future of Carajás and Vitória-Minas railways
Meeting with the mining company’s leadership allowed federal government to explore Vale’s interest in other railway projects 11/20/2024 Brazil’s Transportation Minister Renan Filho met with executives from Vale on Tuesday (19) to advance negotiations over the revised terms of the renewed contracts for the Carajás (EFC) and Vitória-Minas (EFVM) railways. The two-hour meeting included Daniel […]
G20’s veiled reference to fossil fuels disappoints COP29
While G20 support is welcomed, environmental NGOs condemn mixed messaging on energy transition 11/20/2024 The G20 leaders’ final communiqué was met with cautious approval at COP29 in Baku. However, it drew criticism from environmental organizations for lacking a clear and explicit commitment to phasing out fossil fuels—a pledge agreed upon at COP28 in Dubai in 2023. While […]
Trump’s return casts uncertainty over G20 following advances in Rio
U.S. president-elect may hinder discussions and stall measures, reinforcing dissenting positions like Javier Milei’s 11/20/2024 Following Brazil’s advancements during its rotating presidency of the G20, the summit of leaders from the world’s largest economies faces a period of uncertainties starting in 2025, with Donald Trump assuming office in the United States. Mr. Trump, a critic of multilateralism, signals […]
In a career, there’s no one-size-fits-all approach, CEO says
Vibra CEO shares his management insights from leading diverse companies 11/18/2024 “In a career, there is no right or wrong. I believe it’s about understanding what motivates you, what makes you happy, what gets you up every morning [and making choices based on that].” That is the advice from Ernesto Pousada, CEO of Vibra and […]