Hints and tips:
Related Special Reports
...Of the R$1.4tn ($290bn) of investments targeted by 2026, there is to be $76bn of federal funding....
...“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....
...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....
...They are less ill-disposed towards Bolsonaro,” says Graziella Testa, a political scientist at the Getulio Vargas Foundation....
...Net income increased slightly to a record R$2.2bn ($424mn), despite a R$1.2bn provision linked to a retail chain hit by an accounting scandal that affected several other lenders in Brazil....
...“Lula has been suffering defeats because the legislature has more power,” said Eduardo Grin, a politics professor of Getúlio Vargas Foundation....
...Transparency watchdogs suggest one-quarter of Brazil’s discretionary budget of R$143bn ($28bn) is now controlled by Congress....
...The company last week posted quarterly revenue of R$4.35bn ($840mn) and net income of R$1.94bn — both all-time highs....
...Collard greens, served as an accompaniment, have also climbed from R$30 to R$100 a box....
...“The kind of things Lula has been saying are really terrible,” said Paulo Bilyk, chief executive of Rio Bravo Investments, which has R$13bn of assets under management....
...But remediating degraded pastures can cost anywhere between R$2,000 and R$5,000 ($390 to $970) per hectare, estimates Lygia Pimentel at Agrifatto, an agricultural consultancy....
...Marcelo Neri, an economist at the Getúlio Vargas Foundation, put it this way: “You are replacing a simple programme that works well for a complex one.”...
...Revenues rose 79 per cent to R$5bn ($896m) last year, while net losses shrank by a quarter to R$230m. Customer deposits increased 2.6 times to R$29bn....
...Bolsonaro has been accused of not acting on suspicions of wrongdoing after a whistleblower at the ministry of health claimed to have personally raised with him concerns about a R$1.6bn ($320m) deal to acquire...
...But now “it is absolutely back to the old politics,” says Matias Spektor, an associate professor at the Getúlio Vargas Foundation in São Paulo....
...Bolsonaro’s administration has denied any wrongdoing with the R$1.6bn ($320m) agreement in February to acquire the jabs....
...Brazil’s Senate on Thursday voted to support a fresh aid package worth R$44bn ($7bn)....
...Moody’s has estimated over the next year the banks could lose R$16bn ($2.9bn) of those fees, almost 10 per cent of the total earned, as free or cheaper alternatives become available....
...Both will involve innovations, technology and R&D investments....
...Experts at the Getúlio Vargas Foundation estimated the total number of cases could top 34m by the end of the pandemic. Across Latin America, the outbreak is causing a devastating economic crisis....
...Banco do Brasil, a state-owned bank, reported a 41 per cent jump in net income to R$18bn last year....
...As of June, the total price of contracts and purchases under investigation amounted to more than R$1bn ($200m), although police say they are still determining how much reached the suspects....
...In the past decade, the cumulative debt of the country’s 20 top-league teams has soared 176 per cent to R$6.9bn ($1.7bn), even as revenue from TV rights increased 160 per cent to R$2bn....
...Late on Friday, Brazil's economy ministry laid out an emergency support package of R$1.2tn ($223bn) — equal to the entire projected savings over the coming decade from last year’s landmark pension reform...
...changing balance of power and influence among those groups, with Bolsonaro clipping the wings of everyone who could overshadow him”, said Matías Spektor, a professor of politics at the Fundação Getúlio Vargas...
International Edition