Opposition takes place amid pressure from wings of the government to increase spending; court has no date scheduled for decision 03/19/2024 Jhonatan de Jesus — Foto: Divulgação/TCU The technical department of the Federal Accounting Court (TCU) concluded that the government’s proposal to limit budget resources’ maximum contingency to R$25.9 billion in 2024 could constitute a […]
R$200m plan for laboratory and logistics center adds to purchase of natural rubber producer 18/03/2024 Cesar Alarcon — Foto: Gabriel Reis/Valor Carmakers have been in the news in recent weeks after announcing local investments, but they are not the only ones interested in Brazil: Pirelli also announced a R$200 million program on Wednesday. The acquisition […]
Market sees monetary authority cutting Selic by 50 basis points this week 18/03/2024 Eduardo Jarra — Foto: Silvia Zamboni/Valor The market is eagerly awaiting this week’s decision by the Central Bank’s Monetary Policy Committee (COPOM). Unlike January, when there were no surprises, this Wednesday’s decision is being closely watched by agents. At a time when […]