Justice Dias Toffoli’s order allows renegotiation of Odebrecht’s fines, opens way for similar demands by other companies 02/02/2024 Dias Toffoli — Foto: Fellipe Sampaio/SCO/STF The suspension of the payments of fines within the leniency agreement that contractor Odebrecht—renamed Novonor—signed with the Federal Prosecution Service (MPF) in 2016 as part of the anticorruption task force Car […]
Destruction of native forest in the biome harms traditional communities, who depend on these resources to survive 02/02/2024 Lucely Pio — Foto: Katarina Silva /WWF-Brasil Some of the medicinal plant species used by the Xakriabá indigenous people, from the north of Minas Gerais, no longer exist. They have disappeared as a result of the advance […]
The measure also covers agribusiness bonds and other real estate securities; the decision was made at a special meeting 02/02/2024 Finance Minister Fernando Haddad is a member of CMN — Foto: Marcelo Camargo/Agência Brasil The National Monetary Council (CMN) announced Thursday (1), after a special meeting, a series of limitations on the issuance of tax-exempt […]
Murray Advogados
Antitrust watchdog CADE says acquisition of assets is not simple, requires more time for analysis 02/01/2024 The approval—or not—of the acquisition of Marfrig’s beef assets by Minerva Foods should take longer than the companies had previously expected. The companies submitted the deal to the Administrative Council for Economic Defense (CADE) on September 27, 2023, when […]
Rio de Janeiro state accounts for 70% of Brazil’s gas production; only 24% of it reaches consumer market 02/01/2024 There is shortage of natural gas in Brazil to meet growing demand. That is the conclusion of the “Prospects for Gas in Rio,” a study by the Rio de Janeiro Federation of Industries (Firjan) to be […]
Central Bank Committee projects ongoing cuts of 50 basis points “in the upcoming meetings” 02/01/2024 Central Bank’s Copom suggested similar reductions “in the next few meetings” should economic conditions unfold as projected — Foto: Beto Nociti/BCB The Brazilian Central Bank’s Monetary Policy Committee (Copom) has once again lowered the Selic (Brazil’s benchmark interest rate) rate, […]
One day after the airline filed for court-supervised reorganization, Santiago-based group reportedly sent letters to lessors eying up to 25 aircraft 01/31/2024 Gol shares plunged again on Tuesday (30) trading session — Foto: Fabiano Rocha/Agência O Globo Gol is studying measures against LATAM after the competitor attempted to take 20 to 25 of its 737 […]
External scenario should continue to play relevant role in the real’s performance, while commodity prices and trade balance may not provide same support as last year 01/30/2024 Eduardo Miszputen — Foto: Carol Carquejeiro/Valor Although Brazil remains a standout among emerging markets and has recently been the focus of foreign investors, the country is unlikely to […]
Result includes social tax PIS/Pasep and revenue from sale of electric utility Copel and excludes court-ordered payments 01/30/2024 Rogério Ceron — Foto: Washington Costa/MF The Lula administration posted a primary deficit of R$230 billion in its first year, the worst result since 2020, as reported on Monday (30) by the National Treasury. Of that amount, […]