The government of Minas Gerais unveils this Friday the public notice of the public-private partnership of the so-called Rodoanel de Belo Horizonte. It is an ambitious project to build from scratch a 100-kilometer beltway around the state’s capital city. The project will require investments of R$5 billion, of which R$3 billion will come from the […]
The companies that tapped the capital markets to issue debt in 2021 taking advantage of the very low Selic rate will see their costs with interest expenses almost double in 2022. This is because, of the R$250 billion of funds raised last year through bond issues, 76% are pegged to the interbank deposit rate (CDI). […]
Democratic activist Elizabeth Bagley was appointed by President Joe Biden on Wednesday as the new U.S. ambassador to Brazil. She still needs approval of the U.S. Senate to take over as head of mission. Currently the owner of a telecommunications company in Arizona, Ms. Bagley specializes in international law and has a long history of […]