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Entries by Gelcy Bueno

Inflation rises above expectations in May driven by services, floods

With greater pressure from food in the South, benchmark index rises 0.46% in comparison to April 12/06/2024 Marcela Rocha — Foto: Ana Paula Paiva/Valor The Extended Consumer Price Index (IPCA), Brazil’s official inflation index, interrupted a sequence of more favorable readings and rose again above expectations in May. The indicator brings the first impacts of […]

Brazil’s sales to Argentina plummet

Shipments drop over 33% from January to May; Argentina’s share of Brazilian exports hits record low 06/10/2024 Exports to Argentina totaled $5 billion from January to May this year, marking a 33.1% decrease compared to the same period last year. These shipments accounted for just 3.61% of Brazil’s total exports, the smallest share for this […]

Proposal for new app regulations threatens Social Security stability

Government experts warn that the plan is actuarially “unsustainable” 06/10/2024 Adroaldo Portal (center) and Luiz Marinho (right) — Foto: Bruno Spada/Câmara dos Deputados Despite ongoing discussions about the necessity of reforming Social Security to address its escalating deficit, the Lula administration has proposed legislation to regulate “four-wheeled vehicle app drivers” such as Uber, 99, and […]

Proposal for new app regulations threatens Social Security stability

Government experts warn that the plan is actuarially “unsustainable” 06/10/2024 Adroaldo Portal (center) and Luiz Marinho (right) — Foto: Bruno Spada/Câmara dos Deputados Despite ongoing discussions about the necessity of reforming Social Security to address its escalating deficit, the Lula administration has proposed legislation to regulate “four-wheeled vehicle app drivers” such as Uber, 99, and […]

Real long-term interest remains at 6%, with no signs of declining

NTN-B rate climbs to a 14-month peak amid fiscal deterioration and external pressures 06/10/2024 Fabricio Taschetto — Foto: Rogerio Vieira/Valor Real long-term interest rates have settled at around 6% for the past two months, reaching a 14-month high with no indication of decline. This uptick aligns with a global context of rising interest rates, notably […]

Challenges ahead for drawing investors to São Paulo’s train projects

Engineering risks, fiscal constraints, and future sector auctions pose hurdles for public-private partnerships 06/06/2024 Rafael Benini — Foto: Ana Paula Paiva/Valor The package of metro and urban train concessions in São Paulo is generating interest in the market, but analysts consulted by Valor see significant challenges in moving these projects forward. The obstacles to attracting […]

Brazil grapples with inadequate strategy against animal trafficking

Study identifies 24 risks related to fraud, corruption, and laundering that facilitate wildlife trafficking in Brazil 06/06/2024 A notable case involved an American collector who illegally acquired a leucistic boa constrictor—a rare genetic variant characterized by white skin and black eyes—from a zoo in Niterói — Foto: Divulgação Brazil lacks a cohesive strategy to combat […]

Auren acquires Esfera to boost energy trade

Goal is to grow in retail, serving medium and large clients 06/06/2024 Auren, a power utility created from the reorganization of assets of the Votorantim group and Canada-based fund CPP Investments, announced the acquisition of Esfera, which operates in electricity management. With the deal, the company expects to boost the sale of electricity in the […]

SPIC to invest R$780m in new wind farm

New complex in Rio Grande do Norte announced amid slowdown in projects, oversupply caused by subsidies, and generation cuts 06/05/2024 Adriana Waltrick — Foto: Ana Paula Paiva/Valor Amidst a standstill in the Brazilian wind energy sector due to a crisis that hampers new projects from getting off the ground, SPIC Brasil, a subsidiary of China’s […]

Q1 GDP outperforms, surges by 0.8%, but future remains uncertain

Financial tightening and impacts of Rio Grande do Sul’s floods pose significant uncertainties for the year’s outlook 06/05/2024 Domestic absorption, which includes household consumption, investments, and government spending, rose by 1.6% in the first quarter — Foto: Maria Isabel Oliveira/Agência O Globo Brazil’s GDP showcased robust growth in the first quarter of 2024, rebounding from […]