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 […]
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% […]
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 […]
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 […]
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 […]