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...“Everything points to this being the roughest transition in at least a decade,” said Fabio Rodríguez, associate director of M&R Asociados, a consultancy in Buenos Aires....
...forbade the banks from freezing or seizing Americanas’ assets, BTG took an unusual personal shot at the company’s billionaire backers, which in addition to Lemann also include Marcel Telles and Carlos Alberto...
...The company had a market cap of almost R$11bn at the close of trading on Wednesday....
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...Officials forecast total public revenues of R$2.37trn this year....
...In response, BTG lawyers launched a broadside against the company’s three biggest shareholders — billionaires Jorge Paulo Lemann, Marcel Telles and Carlos Alberto Sicupira....
...As its share price plunged, a bitter fight broke out between Americanas — long controlled by private equity firm 3G Capital’s billionaire founders Jorge Paulo Lemann, Marcel Telles and Carlos Alberto Sicupira...
...If you’re rich, have a child under three, have a company that does a lot of R&D, and like going to the pub: congratulations — you’re a big winner from today’s UK Budget....
...But Schubert has chosen stark graphics from Victor Vasarely — “R-Cassiopée” (1958-60), “Maragnon-R” (1957-61) and “OB-Bleu” (1956-63) — which employ cobalt as a cavalier counterweight to their puritan monochromes...
...Before the event, Alberto Ramos, economist at Goldman Sachs, argued that a “bold near-term monetary policy response [was] warranted”....
...But after some successes such as cutting the cost of government pensions, privatising around R$200bn (US$35.4bn) of assets and granting independence to the central bank, the minister’s commitment to fiscal...
...The programme is handing out roughly 18 per cent more than the average R$189 ($33) given monthly to recipients of the Lula-era Bolsa Família scheme....
...to R$375 ($26-$66)....
...in Economics, University of Greenwich Thorvald Grung MoeResearch Associate, Levy Economics Institute Nikolaos Karagiannis Professor of Economics, Winston-Salem State University, North Carolina, USA Alberto...
...“The biggest bottleneck today, for access to vaccines, is the material limits of production capacity,” Carlos Alberto de Franco França told a Senate committee....
...According to Mr Rosa, the model can generate R$4,500 ($840) per hectare in forest areas reclaimed from degraded farmland, compared with R$1,500- R$2,500 per hectare for soya, which in turn is more profitable...
...In January this year, a Goldman Sachs’ equity team under Alberto Gandolfi argued the mass cost reduction in global PV could be attributed to the following three factors: Solar PV power generation costs...
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...The economy ministry’s emergency support package of R$1.2tn ($222bn) is more than the entire projected savings from a pension reform passed last year....
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...“It is very difficult for such policies to be effective when you have a large contingent of unemployed or self-employed, and where the personal and social safety net is non-existent,” said Alberto Ramos,...
...On Friday a record number of new cases were recorded and the reproduction number, or R rate, is now above the critical level of 1 in all but five of the US’s 50 states....
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