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...But he added that “Enel has almost doubled investments . . . to about R$1.5bn [$300mn] a year, compared with R$800mn invested by the previous concession holder....
...Barbara Haya, co-author and founder of the Berkeley Carbon Trading Project, said the credits were “being used to justify ongoing emissions, sell carbon neutral products and convince consumers they can continue...
...Of the R$1.4tn ($290bn) of investments targeted by 2026, there is to be $76bn of federal funding....
...Most prominent among the city’s plans is a R$1bn subsidy package for companies that renovate old or abandoned buildings....
...Kenza Bryan is a climate reporter for the Financial Times in London Follow @FTWeekend on Instagram and X, and subscribe to our podcast Life and Art wherever you listen...
...This would allow Bolsonaro to circumvent fiscal rules in order to increase the Auxílio Brasil handouts, possibly to as much as R$600....
...Most of the country’s outstanding public borrowing of R$6.1tn is funded by domestic savers in reais....
...It paves the way for a major public works programme underpinned by R$370bn ($74bn) of federal funds over four years. “The new framework expands the government’s margins for investments and spending....
...Between June and July, the government spent R$650mn ($135mn) subsidising the sale of 125,000 so-called “people’s cars” to less well-off citizens....
...As Congress stripped power from his ministries this month, Lula released R$1.7bn ($350mn) in such stipends to try limit the damage — the largest single-day release of funds of this type under this government...
...Americanas’ trio of billionaire shareholders and creditors have been hashing out the terms of a financial rescue that would involve them injecting up to R$12bn (US$2.5bn), while creditors accept a debt-for-equity...
...Officials forecast total public revenues of R$2.37trn this year....
...Letters in response to this article: There are alternatives to ripping up the ocean floor / From Donald R Sadoway, John F Elliott Professor Emeritus of Materials Chemistry, Massachusetts Institute of Technology...
...“When we are facing a R$20bn loss that becomes R$43bn [at bankruptcy], I don’t see how we can’t hold responsible each and every citizen that was checking the accounts of the company,” he added....
...several prominent Brazilian billionaires, including the country’s richest man Jorge Paulo Lemann, Americanas has been engulfed in a maelstrom since it revealed accounting “inconsistencies” of more than R$20bn...
...The package envisages increasing revenues by more than R$190bn, while reducing expenses by R$50bn....
...Then on Thursday, Americanas revealed it had just R$800mn available in cash, shortly before filing for bankruptcy protection. The retailer declared debts of R$43bn to the court....
...Rousseff and the R$100mn that Anielle believes the ministry needs....
...An additional R$70bn would be allocated to maintain Auxílio Brasil at its current R$600 level and create a new R$150 handout to poor families with children under six....
...James Banks, partner at Bryan Cave Leighton Paisner, a law firm, says interest in the life sciences sector — and biotech specifically — has arguably never been greater....
...Brazil’s Congress this month passed a constitutional amendment that allows the incoming administration to maintain the flagship Bolsa Família cash handout, the main social welfare programme, at R$600 (US...
...The amendment seeks to raise the country’s mandated spending cap by R$145bn (US$28bn) to make room to maintain the country’s flagship Bolsa Família welfare handout at R$600 a month....
...It was an impeccably staged collision of glam pop, juke-joint R&B, doo-wop and electronic music, topped by the seductive oddity of Bryan Ferry’s quavering croon....
...The real went from R$5.41 per dollar on Friday to R$5.17 per dollar on Tuesday....
...Until April 28; further information and tickets and information here Perpetual Motion, a streaming-on-demand exhibition by new-media/sound-art curator and writer Barbara London, explores how technological...
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