Schlagzeilen der internationalen Ausgabe von VALOR ECONÔMICO

ECONOMY

Rio de Janeiro surpasses debt caps and seeks new revenues 

State saw tax receipts come up well short of expectations and is now looking for ways to alter ICMS taxation and oil royalties 

ECONOMY

Oil industry bets on new bidding round of pre-salt blocks in 2017

Trade-group chief João Camargo believes the unitized areas will be the first to be auctioned, with oil reserves up to 10m barrels

BUSINESS

Equity stakes held by BNDES are worth R$56bn

That is amount that development bank could raise at current market prices in case it decided to sell such shares

POLITICS

Ideological identity helps Temer proposals in Congress

New governing coalition is more in tune with the interim administration projects, something that may help it pass bills

AGRIBUSINESS

Brazil exports sugar to "rivals" in Asia

Crop failure in Thailand and contraband to China have made sugar supplies scarce in Southeast Asian market

COMMENTARY

Alex Ribeiro

Goldfajn will have to deal with a reputation as dovish

Image of the BC president as a monetary policy dove will only tend to grow if the market sense he is creating a shortcut to lowering the Selic

Cristiano Romero

Systemic repercussions

As long as many continue to see "fiscal pedaling" as rubbish, crisis will deepen, because it will prevent Congress from passing structural reform

Antonio Delfim Netto

Republican social security 

Everybody must participate in the discussion of the new pension model 

MORE NEWS

• ECONOMY

  US pushes to take open-skies agreement off the ground

  American official reaches out to Temer administration to implement treaty, which is pending Congress approval
• BUSINESS

  Airlines continue cutting jobs after eliminating 2,210 posts in 2015 

  
  By the end of March, Latam, Gol and Azul had cut 3,650 posts compared with a year ago
• ECONOMY

  Spending cap requires changes in health, education and pensions

  
  Proposal of limiting growth of government expenditures to inflation could produce savings of up to 2% of GDP
• POLITICS

  Congress authorizes R$170.5bn primary budget deficit

  
  Interim government of Michel Temer wins its first test in session that lasted over 16 hours
• AGRIBUSINESS

  New Agriculture minister sets his priorities

  
  Blairo Maggi indicates that several guidelines laid by his predecessor, Kátia Abreu, will be abandoned
• ECONOMY

  Controversy surrounds BNDES repayment of R$100bn in loans 

  
  Measure, which some experts see as illegal, could provide R$7bn in savings to the Treasury 
• POLITICS

  Temer says he knows how to govern with "firm hand"

  
  Acting president reacts to "agressions", saying he learned how to lead when was secretary of Public Security in São Paulo
• ECONOMY

  Government wants “less interference and more regulation" in mining

  
  Mines and Energy minister says administration is looking at ways to expedite mining reform, stimulate more investment in sector
• BUSINESS

  Business leaders advocate “new” railway in Paraná

  Proposal is to expand capacity of existing railway, operated by Rumo, and extend it to Mato Grosso do Sul
• AGRIBUSINESS

  Blairo Maggi’s China trip, a milemarker for Brazilian soy

  Amaggi, founded by Agriculture minister’s family, has boosted investment in export facilities to consolidate trade abroad 
• BUSINESS

  Wireless carriers embrace push ads as new revenue source

  
  All four big mobile operators in the country are launching services that push ads with rich content to users’ phones
• ECONOMY

  Spending cap will include health, education and pensions

  Temer government also wants to free 50% of the budget from mandatory expenditures and separate minimum wage and social benefits
• POLITICS

  Temer government loses Jucá in first setback

  
  Planning Minister will return to Senate after release of recorded talks that suggested intention of restricting investigations
• BUSINESS

  Andrade Gutierrez seeks deep transformation after Car Wash probe

  
  Engineering group acqiored an 81% stake in American construction company The Dennis Group to expand abroad
• MARKETS

  Bond sales from power companies rise 49% through April

  
  Transactions totaled R$2.2bn, though most involved restricted, short-term securities
• BUSINESS

  “We want to work with Petrobras again,” Andrade Gutierrez CEO says

  On the list of firms banned from doing business with oil giant, Ricardo Sena points out that engineering group “cannot be punished forever"
• ECONOMY

  Government considers changing capital repatriation law

  Sources say current rules may not encourage regularization of money sent illegally abroad; deadline to join current program is October 30
• POLITICS

  Government supports ending Petrobras exclusivity as pre-salt operator 

  
  Chief of staff Eliseu Padilha signals that interim government won’t cut gasoline prices 
• ECONOMY

  Meirelles plans new round of fiscal responsibility talks for states

  
  Under terms of new agreement, federal government will offer longer grace period and lengthening of debt
• BUSINESS

  AES Tietê plans to enter solar power market

  
  Company has projects ready to build photovoltaic power stations near its Água Vermelha dam
• BUSINESS

  Ecom Energia expands into generation in Chile

  
  Electricity trader will invest in a solar power station in Chile to enter its trading market and use it as platform to export services
• BUSINESS

  Demand for Executive MBA programs grows in Brazil

  
  In the crisis, more executives decide to return to school in order to further develop their careers
• BUSINESS

  3 million people lose health insurance

  Unemployment growth causes a surge in cancellations of corporate plans and sets stage for battle over price increases