Low prices drive growers to abandon rubber; in São Paulo, the leading producer, sugar cane encroaches on rubber lands 08/21/2024 Imports of cargo and passenger tires in Brazil surged by 117%, from 16.9 million to 36.8 million units between 2017 and 2023. This steep increase has sparked a crisis in the domestic tire industry, exerting […]
Ibama estimates Petrobras drilling permit decision by year-end 08/21/2024 Marina Silva — Foto: Brenno Carvalho/Agência O Globo Brazil’s environmental protection agency IBAMA anticipates a decision on the environmental permit for Petrobras to drill an oil well in the basin at the mouth of the Amazonas River in Amapá by the end of the year. The […]
Legal disputes become a profitable asset for companies, attracting specializing firms 08/15/2024 João Mendes — Foto: Rogerio Vieira/Valor Brazilian companies are now exploring their legal contingent assets in search of alternatives to raise funds at a time of restricted access to capital, high interest rates, and more selective investors. By carefully examining their numbers in search of “assets hidden […]