Analysts highlight tensions in climate, human rights, and geopolitics, but more aligned if Kamala Harris wins 11/05/2024 The outcome of Tuesday’s U.S. elections could pressure the convergence of the U.S.-Brazil agenda and the stability of bilateral relations. Experts consulted by Valor suggest that much of the economic ties’ robustness is likely to remain, regardless of […]
Study reveals legislative power over city budgets and federal influence loss over mayors 11/04/2024 In the past four years, parliamentary budget allocations to municipalities have nearly doubled the amount voluntarily transferred by the federal government to local administrations, according to an exclusive study by the technical advisory team of Congressman Pedro Paulo obtained by Valor. […]
Market anticipates policy rate to hit 12.5% per year by mid-2025; some forecasts suggest a return to 13% 11/04/2024 Amid a deteriorating economic outlook and tighter financial conditions since September, the Central Bank’s Monetary Policy Committee (COPOM) is expected to take a more aggressive stance in its current tightening cycle. An acceleration of the Selic […]
MURRAY ADVOGADOS
Proposal was introduced by the Socialism and Freedom Party (PSOL) in bill establishing Goods and Services Tax committee 10/31/2024 Brazil’s Lower House rejected the creation of a Wealth Tax (IGF) and, with this decision, completed the second phase of tax reform regulation on Wednesday (30). The proposed tax was introduced by the Socialism and Freedom […]
Strategy is being used in bankruptcy processes involving multiple creditors 10/31/2024 The conversion of debt into equity during company restructurings has firmly established itself as a debt reduction and deleveraging strategy in the Brazilian market. This mechanism has been increasingly employed in major bankruptcy processes, with more creditors, including financial institutions, more comfortable with the […]
Exclusive agreement for the acquisition was renewed this week, with expectations that the deal will be finalized by year-end, according to people close to the Brazilian steelmaker 10/31/2024 Benjamin Steinbruch’s Companhia Siderúrgica Nacional (CSN) announced the sale of up to 11% of its mining subsidiary to Japan’s Itochu Corporation, in a deal potentially exceeding R$4.3 […]
10/30/2024 Twenty-six analysts from the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) signed a report recommending the environmental permit denial for Petrobras to drill a well in Block FZA-M-59, located in the Foz do Amazonas Basin on the Equatorial Margin, should be upheld. The team listed technical issues they believe prevent reversing the […]
New guidelines, part of the 2024 regulatory agenda, take effect on July 1, 2025 10/30/2024 The new rules concerning the so-called OPAs—public takeover bids—were issued on Tuesday as part of the Brazilian Securities and Exchange Commission’s (CVM) regulatory agenda for this year. These measures will come into force on July 1, 2025. Public takeover bids, […]
First shipments of 100% traceable beef expected by 2025, according to Chinese NGO Global Enviromental Institute 10/28/2024 China, the main destination for Brazilian beef exports, signaled during its last technical visit to Brazil in December that it will soon require full traceability across the beef supply chain, from the birth of the animal to its […]