Schlagzeilen des VALOR ECONÔMICO - internationale Ausgabe

BUSINESS

Shareholders may buy Belo Monte electricity to unlock loan

Hydroelectric dam needs to have buyer for 20% of its output allocated to free market in order to get last tranche of BNDES financing

POLITICS

Temer tends to choose Meirelles for Ministry of Finance

If vice president replaces Dilma Rousseff, he will shrink cabinet and use posts at state-run banks and companies as bargaining chips

ECONOMY

Former central banker is market favorite to lead Finance

Profile of Henrique Meirelles would have an advantage over Senator José Serra, who is considered too developmentalist

POLITICS

Vice president's social agenda follows PSDB proposals

Document commissioned by Michel Temer for a potential government mentions management improvements and public-private sector partnerships

POLITICS

Rousseff gets ready for temporary removal from office

President met Lula to prepare defense strategy against impeachment and considers calling new elections if victorious

COMMENTARY

Antonio Delfim Netto

Governance, please

Leniency with government spending and short-sightedness are in the DNA of the misinformed and opportunistic populism

Angela Bittencourt

Temer is tested as impeachment advances

Vice President faces the challenge of improving economy in case Dilma Rousseff is impeached

Claudia Safatle

Temer’s priority is political support

Before having the economic team ready and a fiscal program, Vice President is engaged in building a support base for the PMDB

MORE NEWS

• POLITICS

  Brazilian diplomats want no participation in Rousseff fights

  Ministry of Foreign Affairs tries to avoid getting involved in political dispute and will not echo president’s accusation of “coup”
• ECONOMY

  Crisis and inflation curb salary gains in collective bargaining

  
  Several groups of workers are forced to accept lower-than-inflation raises and see increase in job cuts
• BUSINESS

  Fintechs gather strength in Brazil

  
  Number of startups operating in financial services rose to 130, a 30% increase in September year over year
• POLITICS

  Rousseff and Temer start race for social area

  President inaugurates subsidized housing in Bahia and VP releases proposal to fix social programs
• POLITICS

  Serra and Meirelles being considered for Finance minister

  
  Vice President Michel Temer met Meirelles over the weekend and also talked for six hours with industrial federation leader Paulo Skaf
• ECONOMY

  Amazon oil frontier raises environmental concerns

  
  Expected to hold petroleum and natural gas reserves, so-called equatorial margin is remote and surrounded by sensitive ecosystems
• ECONOMY

  States put off payments to produce budget surplus

  
  A study shows that two-thirds of the primary result presented by regional governments came from delayed disbursements
• AGRIBUSINESS

  Cofco Agri speeds up expansion helped by Brazil

  
  Chinese state-run company focuses on origination of agricultural commodities, especially grains, and on logistics
• BUSINESS

  Boticário’s sales volume falls as Brazilians curb spending

  
  Cosmetics group CEO Artur Grynbaum sees little prospect of recovery this year, but may open more stores thanks to lower overhead costs
• POLITICS

  Social movements plan national offensive

  Activists and union federations prepare nation-wide wave of demonstrations and road closings to protest Vice President Michel Temer and the PMDB
• MARKETS

  More economists bet on interest rate cut

  
  In spite of doubts over possible “new” Central Bank administration, economists foresee room for monetary loosening
• BUSINESS

  Brazil troubles pose additional challenge to Olympic sponsors

  Collapse of bike path is another taint in the country’s image when companies work their strategy for the upcoming Games
• POLITICS

  Temer denies coup and accuses president of tainting Brazil's image

  
  On eve of Rousseff speech at the UN, Vice President says he is ready to govern after potential impeachment
• ECONOMY

  Crisis hides early signs of economic recovery

  
  Private sector should grow better than forecast next year despite the continuation of fiscal woes
• BUSINESS

  Teles Pires dam to have full capacity in May

  
  Hydroelectric plant is the most affordable in the country, having invested one-third of its budget in socio-environmental initiatives
• BUSINESS

  Currency relief may provide support for corporate earnings

  Companies are expected to post improved first-quarter earnings thanks to more stable commodities prices and less debt pressure
• MARKETS

  Brazil becomes more expensive for foreign banks

  Ratings downgrade causes big increase in cost of capital to support assets in the country
• BUSINESS

  Belo Monte decides not to sell electricity in next auction

  Company that owns the hydroelectric dam considers maximum price unattractive and waits for negotiation with Eletrobras
• MARKETS

  Companies resort to syndicated loans in dollars to refinance debts

  High cost to issue bonds and restriction of local market make Brazilian businesses opt for interim source of liquidity
• POLITICS

  Temer faces difficulty to form economic team

  
  Vice president talks to Armínio Fraga, who refuses Finance minister post but offers advice while painting dire picture of the economy
• BUSINESS

  Moreira Franco rumored as "candidate" to head Petrobras

  
  Speculation that potential Temer administration could replace CEO Aldemir Bendine intensified in last few days
• POLITICS

  Lula lines up obstructionist strategy

  
  Former president advises Workers' Party against new elections proposal and toward undermining legitimacy of Temer government
• POLITICS

  Time plays against change in fiscal target

  
  If he takes the presidency, Michel Temer would have short period of time to negotiate agreement and avoid cut that would shut down government
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

  • International agreement aims to tighten siege on tax evasion

    15 hours and 51 minutes ago
    • An international agreement signed by Brazil will allow the Secretariat of Federal Revenue to automatically access financial data of individuals and businesses in more than 90 countries, further closing the siege against tax evasion. Under the Convention on Mutual Administrative Assistance in Tax Matters, the countries will exchange information such as current accounts and data from their holders, investments, private pensions, stocks, fund returns, rents and interest. The convention was signed by Brazil in 2011, during the G-20 summit in Cannes, and approved by the Senate in January. Another step was taken with the publication of legislative decree 105 in the Official Gazette on April 15, disclosing the Senate’s endorsement. 

  • STF clears André Esteves to resume BTG duties

    15 hours and 51 minutes ago

  • Vale's minority shareholders fail to elect board member

    15 hours and 51 minutes ago

  • Profit of four largest Brazilian banks set to shrink 8% in Q1

    15 hours and 51 minutes ago

  • Government net worth swings to a negative R$1.4tn in two years

    15 hours and 51 minutes ago

  • Health insurers file lawsuit against regulator

    15 hours and 51 minutes ago

  • Facing drought, farmers estimate corn production may decline up to 50%

    15 hours and 51 minutes ago

  • New Anfavea president defends predictability, industrial policy

    15 hours and 51 minutes ago