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Murray News

Analysis: Market sees 12.75% as floor for interest rate

Economic analysts, in general, understood that the Central Bank’s Monetary Policy Committee (Copom) signaled a rate of 12.75% per year at the end of the current interest rate tightening cycle. Yet many still see this level as the floor for the Selic, Brazil’s benchmark interest rate. Economists and traders told Valor that the end-of-cycle signal, […]

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18 de March de 2022/by Gelcy Bueno
Murray News

Government to launch biomethane promotion plan

The federal government is preparing a set of measures to encourage the production and consumption of biomethane, a gas produced from the decomposition of organic materials, equivalent to natural gas of fossil origin, whose main manufacturing potential is in agriculture. The measures, which will be announced on March 21, involve tax relief on investments and […]

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17 de March de 2022/by Gelcy Bueno
Murray News

Prysmian gears up for 5G expansion of Brazilian telecoms industry

The Italian group Prysmian, a manufacturer of phone and energy cables with seven plants in Brazil, will increase investments in technological innovations and in its main plant in Sorocaba, São Paulo, to expand its production capacity. The overall industry figures point to a growth in fiber optics. In 2020, there were 8.9 million kilometers of […]

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17 de March de 2022/by Gelcy Bueno
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