About Gelcy Bueno

This author has not written his bio yet.
But we are proud to say that Gelcy Bueno contributed 6173 entries already.

Entries by Gelcy Bueno

Brazil says it has nearly cleared gold miners from Amazon Yanomami reservation

September 14, 2024 Item 1 of 2 Yanomami indigenous people play football at Surucucu village, in Yanomami indigenous land, Roraima state, Brazil August 26 2024. REUTERS/Amanda Perobelli [1/2]Yanomami indigenous people play football at Surucucu village, in Yanomami indigenous land, Roraima state, Brazil August 26 2024. REUTERS/Amanda Perobelli Purchase Licensing Rights, opens new tab SURUCUCU, Brazil, Sept 14 […]

New Zealand aims to double agricultural trade with Brazil

Agriculture and trade minister sees potential to introduce New Zealand tech to Brazilian producers 11/08/2024 Brazil’s diplomatic partner in international agricultural matters, New Zealand, aims to double its agricultural trade with Brazil over the next decade. This goal was outlined by New Zealand’s minister of agriculture and trade, Todd McClay, during his October visit to […]

Vinci acquires control of Outback owner Bloomin’ Brands in Brazil

Blockbuster deal valued at R$2bn; plan aims to double restaurant locations 11/08/2024 Vinci Partners has finalized the purchase of a controlling stake in Bloomin’ Brands’ Brazilian operations. Through its fourth private equity fund, Vinci will hold 67% ownership, while the U.S. company will retain a 33% share. Bloomin’ Brands currently operates nearly 200 restaurants in […]

With rising interest rates, real estate fund posts worst October on record

As conditions worsen, fund managers offload assets and boost cash reserves 11/06/2024 Real estate funds (FIIs) experienced their worst October on record, with the Ifix—the sector’s benchmark index—plummeting by 3.06%. This marks the largest monthly decline since November 2022, leaving share values nearing historic lows last seen in March last year. The analysis, conducted by […]

Companies sell minority stakes to fund expansion

Deals account for 35% of M&A activity this year through October, up from 6% in 2021 11/06/2024 With the Brazilian stock market closed to new listings for over three years, a group of companies is resorting to selling minority stakes to raise funds for expansion. As of October this year, minority transactions accounted for 35% […]

Brazil-U.S. trade likely to see election impact

Concerns rise over Trump’s victory and increase in import tariffs 11/06/2024 Bilateral trade between Brazil and the United States is expected to face potential challenges as Donald Trump returns to power. Experts believe that while specific measures against Brazil are unlikely under a new U.S. administration next year, Mr. Trump’s victory could drive up import […]

Pará launches anti-deforestation development plan

Key goal is carbon neutrality in land and forest use by 2030 11/05/2024 Governor Helder Barbalho of Pará signed into law the “Amazon Now State Plan” on Monday, aimed at curbing deforestation and promoting sustainable development across the state. A primary goal is to achieve carbon neutrality in land and forest use by 2030. The […]

U.S. elections pose potential strain on Brazil relations

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 […]

Congress gains greater weight in city budgets

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. […]

Brazil set to speed up interest rate hikes

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 […]