Brazil Investigates Irregular BNDES Loans to JBS Meatpacking Giant
Loans by Brazil's Development Bank BNDES totaled R$8.1 billion from 2007 to 2011 and may have generated a loss of...
May 15, 2017
Loans by Brazil's Development Bank BNDES totaled R$8.1 billion from 2007 to 2011 and may have generated a loss of...
May 15, 2017
The country's development bank announced special financing conditions for renewable energy generation projects in isolated areas of the region.
March 15, 2017
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - On Tuesday, October 18th, former President Lula took the opportunity to...
October 19, 2016The Rio-Galeão consortium has yet to pay this year’s R$930 million installment for the twenty-five year concession due to troubles...
October 18, 2016
Suspended payments involve projects operated by large construction and engineering firms linked to the Lava Jato corruption scandal.
October 12, 2016
The state-owned financial institution also announced plans to stop financing thermal plants which run on coal and oil.
October 4, 2016
Brazil's Treasury Department says state will only obtain R$1 billion loan from BNDES if it pays its creditors first.
June 29, 2016
Among the economic measures to try to improve the country’s ailing economy are cuts in spending and reduction of public...
May 25, 2016
Opinion, by Michael Royster RIO DE JANEIRO, BRAZIL - Saturday’s O Globo announced that Rio’s Mayor had sent an email...
February 22, 2016