Brazil was the country that raised interest rates the most in 2021 and yet boasts one of the highest consumer inflation expectations for this year when compared to its peers. For some analysts, the figures show that inflation in Brazil has reacted little to increases in the Selic policy interest rate. This theory diverges from […]
The federal government is mulling over a provisional measure — a legal act that allows the president to enact an interim law prior to Congress voting — aiming at increasing competition in the health insurance market, by the creation of an “open health” system. It is inspired by the open banking platform — a system […]
Monte Capital Management has acquired three quarters held by the Yosemite fund in Invepar, the parent company of the São Paulo International Airport, in Guarulhos. Together with FI-FGTS, the investment arm of the Workers’ Severance Fund, which owns a quarter of Yosemite, Monte will take a 25% stake in the infrastructure holding company, whose remaining […]
Potential investors in the offshore wind power segment are waiting for regulatory definitions from the federal government to start the race for new projects in Brazil’s waters with the usual legal certainty of the electricity sector. The Brazilian Wind Power Association (Abeeólica) says it is eager to see the regulatory guidelines for offshore wind contracting, […]
A drop in the Ibovespa index, attractively priced shares, flush with cash and less indebted companies. The combination of these factors led to a strong growth in the opening of share buyback programs, especially in the second half of the year, when stocks fell the most. According to Brazil’s securities market authority CVM’s database on […]
The Brazilian Development Bank (BNDES) will invest up to R$2.5 billion in infrastructure funds, which will be selected through a competitive process. The state-owned bank opens a call for proposals this Monday to choose up to five funds. A maximum of R$500 million will be allocated to each of them. The bank expects, however, to […]
The free power market, a segment in which consumers with high demand negotiate directly with generation companies and traders, may generate R$6.3 billion in investments in 10 years to draw customers, a projection by consultancy Thymos Energia made at Valor’s request shows. The cost for companies to draw consumers who want to migrate from the […]
After raising R$40 million with the issuance of agribusiness receivables certificates (CRA) at the end of 2021, Grupo Raça Agro, based in the state of Mato Grosso, wants to accelerate its expansion project in the segment of livestock inputs distribution. The company will invest the funds raised to increase its territorial presence and to more […]
Human Rights Watch criticizes Bolsonaro International human rights watchdog Human Rights Watch says in a report released Thursday that President Jair Bolsonaro threatens “the pillars of democracy in Brazil by attempting to undermine confidence in the electoral system, freedom of expression, and the independence of the judiciary.” The document says this year’s elections will test […]
With an increase of 2.4% compared to October, the volume of the services sector surprised positively in November. The good news, however, should be viewed with caution, economists point out. In addition to having been preceded by declines in the previous two months, the November expansion was driven by segments that have presented volatile performances. […]