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Murray News

Brazil reports worst primary deficit since 2020

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, […]

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30 de January de 2024/by Gelcy Bueno
Murray News

Government wants to act before crisis hits agribusiness, minister says

Officials project scenarios for extending investment installments, creating new lines of financing, and measures to support commercialization 01/25/2024 Carlos Fávaro — Foto: Edilson Rodrigues/Agência Senado The combination of a predicted shortfall in Brazil’s grain harvest and continued low international commodity prices has created a scenario that is as rare and complex as it is potentially […]

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25 de January de 2024/by Gelcy Bueno
Murray News

GM unveils R$7bn investment with no definition on electrification

Inclusion of combustion engine cars in extension of tax incentives changed scenario in Brazil 01/25/2024 Shilpan Amin and Santiago Chamorro — Foto: Gesival Nogueira Kebec/Valor General Motors announced this Wednesday (24) a robust investment program for Brazil, totaling R$7 billion from 2024 to 2028. The amount will be used to renew its entire product line […]

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25 de January de 2024/by Gelcy Bueno
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