Ilan Goldfajn defends shaping multilateral banks for emergencies 05/21/2024 Ilan Goldfajn — Foto: Ana Paula Paiva/Valor At the height of the disaster in Rio Grande do Sul, Ilan Goldfajn, the Inter-American Development Bank (IDB) president, visited Brazil and announced an aid package that could reach R$5.5 billion. In his view, the disaster reinforced the assurance […]
Borrowings now feature larger volumes and extended terms, becoming increasingly central to corporate management strategies, while tax-exempt bonds are increasingly drawing individual investors 05/21/2024 Pierre Jadoul — Foto: Gabriel Reis/Valor In Brazil’s relatively subdued stock market, corporate debt instruments like debentures and receivables certificates are carving out more substantial roles within investor portfolios and have […]
Expectations for GDP, inflation worsen due to floods in Rio Grande do Sul, Brazil’s fiscal situation, U.S. interest rates 05/21/2024 Sérgio Vale — Foto: Claudio Belli/Valor A series of negative news and emerging risks have formed a mix that has worsened economic agents’ expectations for the economy in 2024 and 2025. The latest sign of […]
A share of 10.2% is a far cry from the 20.8% held in 2015 when country boasted an investment-grade rating 05/20/2024 Rogério Ceron — Foto: Gesival Nogueira Kebec/Valor Figures from the National Treasury show that foreign investors have gradually increased their participation in Brazil’s public debt, although they are still a long way from regaining […]
National Petroleum Agency projects R$90.3bn revenue amid rising production, market conditions 05/20/2024 Vilma Pinto — Foto: Wenderson Araujo/Valor This year’s oil production increase in Brazil is projected to generate R$90.3 billion in royalties, marking a 20.4% rise compared to the R$75 billion collected last year, according to the National Petroleum Agency (ANP). The early months […]
Consultancy estimates that measures announced by the federal government for the state total R$12bn, but amount could grow 20/05/2024 Arroio do Meio, in the Taquari Valley, will need to rebuild as the river waters recede; floods claimed 157 lives and 88 people are still missing — Foto: Gustavo Mansur/Palácio Piratini The impact of measures to […]
Increasing frequency of extreme weather events demands new engineering solutions, experts say 05/17/2024 Marcia Musskopf and Sandra Barzotto, who own two stores in Roca Sales, Rio Grande do Sul — Foto: Arquivo pessoal It remains unclear when reconstruction efforts will begin in Rio Grande do Sul. However, engineers, urban planners, and the state government agree […]
State accounts for 15% of honey production in Brazil 05/17/2024 Recent weeks’ heavy rains have covered or fully destroyed many beehives in the state — Foto: Sérgio Ranalli The recent floods in Rio Grande do Sul are expected to confirm a situation that has been threatening small farmers, who dominate the activity in the region: […]
New investments fell by 8%, while company exits plummeted by 80% year-on-year from January to the first week of May 05/17/2024 Priscila Rodrigues — Foto: Gabriel Reis/Valor Private equity funds, which buy equity stakes in companies, are experiencing one of the most challenging periods in recent years. The scenario is caused by volatility and the […]
Amid pressure from local industry and retailers, Temu applies for tax-exemption certification 05/16/2024 As the industry and retailers increase pressure to bring the issue of ending import tax exemptions for foreign websites to the forefront in the Lower House, a new global player is poised to enter the Brazilian market. Sources say that Temu, part […]