If the Central Bank is willing to put inflation again at the center of the target range in 2023, the Selic, Brazil’s benchmark interest rate, must be raised above the expected 13.25%, said Cassiana Fernandez, J.P. Morgan’s chief economist for Brazil. For her, in a moment of high uncertainty, it is important that the monetary […]
Mergers and acquisitions are down sharply this year in light of the economic instability abroad and in Brazil and the uncertainties caused by Russia’s war against Ukraine. In total, 134 deals were announced this year to April 10, down 14.6% year over year. The slowdown is greater when the combined amount involved is considered: it’s […]
In an auction without competition, the Integrasul Consortium won Block 3 of the Rio Grande do Sul’s state highways. The group is formed by two companies: Silva & Bertoli (of Neovia Engenharia) and Gregor Participações (Greca Asfaltos). The only bidder, the consortium offered a discount of 1.3% on the toll value. The group will need […]