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

Delinquency on revolving credit cards hits all-time high, 44%

Credit card deterioration has driven the worsening of individuals’ defaults 12/20/2022 Delinquency on revolving credit cards – when the client does not make full payment of the invoice – reached the level of 44.4% in October, which is the most recent data released by the Central Bank. This is the highest level in the records, […]

Imports put pressure on rubber producers

Import tax of 16% levied on truck tires and latex was zeroed in 2021; industry expects the return of the charge 12/19/2022 The estimate is that Brazil can achieve self-sufficiency in the production of natural rubber with a slight expansion in the production area — Foto: Anna Caro The natural rubber production sector and the […]

Privatization of Corsan faces court challenges

Government is still trying to overthrow the injunction that prevents the bidding process from taking place on Tuesday 12/19/2022 The Rio Grande do Sul government is trying to get the privatization of Corsan (Companhia Riograndense de Saneamento) off the ground this Tuesday, amidst legal offensives that are trying to stop the sale of the state-owned […]

Mergers, acquisitions regain vigor

Number of deals may grow 15% to 20% in 2023, but fiscal risk weighs against them 12/19/2022 The market for mergers and acquisitions regained vigor in the second half of the year, after a weak start in 2022, but the amounts involved dropped by almost half. For next year, there is a chance that the […]

COP 15: ‘Historic’ global deal to protect nature agreed at UN biodiversity summit

Mon, 19 December 2022 In this article:Countries have pledged to protect 30% of the world’s lands, seas, coasts and inland waters by 2030 as part of a new deal that aims to halt declines in nature. Measures agreed at the UN Cop15 conference in Montreal also include a pledge to increase the flow of finance to developing nations to care for nature to […]

Corn drives growth of Brazil’s agricultural exports

Industry shipped more than $10bn in November for the first time 12/16/2022 Brazil’s agricultural exports reached $12.6 billion in November, a record for the month, which had not yet surpassed $10 billion since records began. The amount represents a 51.2% increase over the same period last year, when sales stood at $8.6 billion. The result […]

Price management becomes weapon after digital boom

In food and beverage, there are 3 billion prices in the market; chains use more technologies 12/16/2022 The tenth-largest consumer market worldwide, and with a middle class of 100 million, Brazil has created in recent years one of the main industries of pricing in the world. The colossal volume of data analyzed in this field […]

Number of Cubans fleeing to Brazil spikes amid economic crisis

Tighter migration rules in the United States also explain increasing flow to Brazil 12/15/2022 The combination of a deepening economic crisis in Cuba, increased political repression, and greater difficulties to immigrate to the United States has led more and more Cubans to bet on Brazil as a country to try a new life. Last year […]

Major groups expected to compete in power transmission auction

There are six lots of almost 710 kilometers of transmission lines and substations, with investments of R$3.51bn 12/15/2022 The power transmission auction scheduled for Friday at exchange B3’s headquarters in São Paulo is expected to draw traditional groups, ample competition, and strong discount. The six lots offered in the event held by the Brazilian Electricity […]