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Argentina’s Woes Highlight Brazil’s Economic Prominence in Latin America
RIO DE JANEIRO, BRAZIL - Michel Chevalier was a French engineer and economist, charged by his country's government with drawing up an assessment of...
Azul’s Creditors Prepare Team to Renegotiate US$400 Million Debt
RIO DE JANEIRO, BRAZIL - Following the banks and the aircraft lessors that own the planes leased by the airlines, Azul will need to...
Entrepreneurs Close to Bolsonaro Take Precautions Against Covid-19
RIO DE JANEIRO, BRAZIL - Following Jair Bolsonaro's disclosure that he tested positive for the novel coronavirus, entrepreneurs who recently met with the President...
Agreement Between Azul and Latam Points to New (and Difficult) Airline Future
RIO DE JANEIRO, BRAZIL - With the dramatic changes in habits following the novel coronavirus pandemic and the sharp economic downturn, the pace of...
Decline of Brazilian Stocks in New York Heralds Tumble in Today’s Trading
SÃO PAULO, BRAZIL - Major US stock market indices crumbled on Thursday with investors concerned about a new wave of the coronavirus. Brazilian assets...
Despite Coronavirus, Brazil Will Privatize 43 Airport Concessions, Says Minister
RIO DE JANEIRO, BRAZIL - The Minister of Infrastructure, Tarcísio de Freitas, reiterated that Brazil will succeed in auctioning off 43 airport concessions early...
Shortage of Medical Supplies Foments Debate on Reconversion of Brazilian Industry
RIO DE JANEIRO, BRAZIL - With the escalation of Covid-19 cases in Brazil and the high demand for medical and healthcare equipment for infected...
Government to Announce Purchase of 6,500 Ventilators From Brazilian Manufacturer
RIO DE JANEIRO, BRAZIL - The federal government has completed the purchase of at least 6,500 ventilators, as was announced at a press conference...
Navy Contracts Building Four Frigates in Santa Catarina Shipyard for R$9.1 Billion
RIO DE JANEIRO, BRAZIL - The Brazilian Navy is to conclude the R$9.1 billion contract for the purchase of four advanced frigates of the...
Brazil Stock Market Index IBOVESPA Drops Heavily in Week Marked by Coronavirus
RIO DE JANEIRO, BRAZIL - The week was short for the IBOVESPA, but the drops were large. The return to trading on Ash Wednesday...
Bombardier Gambles Everything on Executive Jet Market
RIO DE JANEIRO, BRAZIL - After abandoning commercial aircraft and propeller operations and agreeing to sell the passenger train equipment division to Alstom, the...
Brazil’s Ambitious Plan to Privatize Over US$36 Billion in Assets
SÃO PAULO, BRAZIL – The Ministry of Economy announced on Tuesday, January 14th, that the government intends to sell about 300 public assets in...
São Paulo Gets First International Executive Airport
SÃO PAULO, BRAZIL - Brazil's first international executive airport was inaugurated on December 15th.
Part of the JHSF's Catarina project, the new airport is located...
With Sale of Marfrig Shares, BNDES Starts to Wean “National Champions”
RIO DE JANEIRO, BRAZIL - The policy of strengthening large private Brazilian companies by means of public financing through the National Bank for Economic...