Roberto Campos Neto said monetary authority’s work becomes more challenging if fiscal policy lacks credibility 16/04/2024 Roberto Campos Neto — Foto: Rovena Rosa/Agência Brasil The work of the Central Bank becomes more difficult if there is a perception that there is no fiscal anchor, said Roberto Campos Neto, the president of the Brazilian Central Bank, […]
Criticized by Israel for a statement on the Iran attack, Brazil’s foreign minister is heading to the United Nations to emphasize that the conflict should not distract from the humanitarian crisis 16/04/2024 Mauro Vieira — Foto: José Cruz/Agência Brasil Brazilian Foreign Minister Mauro Vieira is expected to speak on Thursday (18) at the open discussion […]
Beto Veríssimo says public policies need to go beyond combating deforestation and land grabbing 04/15/2024 Beto Veríssimo — Foto: Divulgação Brazil urgently needs to implement a structured socio-economic development plan for the Amazon that encourages the preservation of the forest while also enhancing the productivity of economic activities that already take place in the region, […]
Company aims to expand its program area to 600,000 hectares and engage customers in Brazil 04/15/2024 Rossano de Angelis — Foto: Divulgação Bunge is set to enhance its regenerative agriculture program in Brazil, introduced a year ago. With a $20 million investment, the Missouri-based conglomerate intends to more than double the current area under the […]
In theory, Brazil could be hit in two ways: if there is an increase in oil prices and a higher risk aversion in international markets 04/15/2024 Central Bank’s building in Brasília: Few believe that Brazil’s monetary authority will rush to revise its baseline scenario for interest rate cuts — Foto: Beto Nociti/BCB The uncertainties in […]
Operators reported operating loss of R$18bn between 2021 and September 2023 04/15/2024 Paulo Rebello — Foto: Silvia Zamboni/Valor Medical insurance plans are deteriorating, with a smaller network, higher co-payment charges, a drop in reimbursement, and record increases. The number of complaints to Brazil’s National Supplementary Health Agency (ANS) has more than doubled in the last […]
Mills seek certification to qualify as suppliers of raw materials for sustainable aviation fuels 04/12/2024 Ricardo Carvalho — Foto: Divulgação/Daniela Toviansky Brazil is expected to start exporting ethanol to the sustainable aviation fuel (SAF) industry this year. The volumes will still be small because, for now, there is only one SAF plant in the world […]
Company plans to invest more than R$350m in its first biomethane plant from sugarcane waste 04/12/2024 Atvos, owned by the Arab fund Mubadala, is set to invest over R$350 million in establishing its inaugural biomethane production unit from sugarcane waste. An investment memorandum has been signed for the construction of the facility in Nova Alvorada […]
Term deposits jumped again in 2023 as customers migrated from funds to lower-risk products 12/04/2024 Luiz Masagão — Foto: Divulgação The start of the fall in the Selic rate in August last year was not enough to increase investors’ appetite for risk. While investment funds withdrew R$127.9 billion in 2023, bank funding from CDBs rose […]
With a provisional presidential decree, federal government extends deadline for accessing discounts on use of power grid 04/11/2024 Alexandre Silveira — Foto: Valter Campanato/Agência Brasil President Lula signed a provisional presidential decree on Tuesday that drew criticism from the power industry. The decree extends the deadline for wind and solar power projects to access subsidies […]