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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
Murray News

Treasury will not fund BNDES for industrial policy, director says

Industry support measures spread fear about use of public funds 01/24/2024 José Luis Gordon — Foto: Leo Pinheiro/Valor Although the government’s new industrial policy launched on Monday (22) has raised concerns among economists about the use of public funds to back investments, most part of the amounts were already included in the Brazilian Development Bank’s […]

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24 de January de 2024/by Gelcy Bueno
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