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Murray News

Brazil’s rail industry bets on exports, services amid standstill

Train makers seek alternatives to prop up businesses after losing steam amid economic crisis, pandemic 07/12/2022 Brazil’s rail industry is at a virtual standstill. Without large orders from cargo and passenger operators, train makers in the country are sustaining their businesses thanks to exports and revenues from services like overhauls and updates of equipment already […]

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13 de July de 2022/by Gelcy Bueno
Murray News

Brazil in talks to import diesel from Russia, Bolsonaro says

Move is aimed at reducing costs locally after federal measures failed to reduce diesel prices at pumps as much as those of other fuels 07/12/2022 Hungary’s president Katalin Novák and Brazil’s president Jair Bolsonaro met on July 11 in Brasília — Foto: José Cruz/Agência Brasil/Agência O Globo President Jair Bolsonaro said Monday the Brazilian government […]

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12 de July de 2022/by Gelcy Bueno
Murray News

Analysis: Market still bets on interest rate cuts in 2023

Analysts’ median projection for Selic at end of 2023 was stable this week at 10.5% 07/12/2022 Central Bank’s building in Brasília — Foto: Divulgação/Rodrigo Oliveira/Caixa Econômica Federal Economic analysts have once again increased their inflation projections for 2024 and continue to bet on cuts in the basic interest rate in 2023, shows the Focus survey, […]

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12 de July de 2022/by Gelcy Bueno
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