Category

Brasilia

Brazil’s lower house to vote on Eletrobras privatization decree Wednesday -official Brasilia

Brazil’s lower house to vote on Eletrobras privatization decree Wednesday -official

Author of the article: BRASILIA — Brazil’s lower house of Congress on Wednesday will vote on a presidential decree proposing the privatization of state-run power company Eletrobras, house leader Arthur Lira said on Tuesday. Lower house lawmakers began debating the measure on Tuesday afternoon. “It is important that there is…
bubmag
May 18, 2021
Brazilian firm to produce Russian vaccine without regulatory approval Brasilia

Brazilian firm to produce Russian vaccine without regulatory approval

Author of the article: BRASILIA — The Brazilian pharmaceutical company that plans to produce Russia’s Sputnik V coronavirus vaccine will start making it next week even before health regulator Anvisa gives approval for use in Brazil, the company’s chief executive said on Friday. União Quimica’s facility in São Paulo has…
bubmag
May 7, 2021
Brazil Treasury swells emergency cash buffer to record 1.12 trillion reais Brasilia

Brazil Treasury swells emergency cash buffer to record 1.12 trillion reais

BRASILIA — Brazil’s government increased its emergency cash buffer in March to cover future debt obligations and other due payments to more than 1 trillion reais, Treasury figures showed on Wednesday, as public debt also rose to a new all-time high. The Treasury swelled its liquidity cushion, essentially an emergency…
bubmag
April 28, 2021
Brazil cuts environment spending one day after U.S. climate summit pledge Brasilia

Brazil cuts environment spending one day after U.S. climate summit pledge

Author of the article: BRASILIA — Brazil’s President Jair Bolsonaro approved a 24% cut to the environment budget for 2021 from last year’s level, according to official numbers published on Friday, just one day after he vowed to increase spending to fight deforestation. Speaking on Thursday to the summit organized…
bubmag
April 24, 2021
Brazil’s Bolsonaro appoints central bank directors to fixed terms By Reuters Brasilia

Brazil’s Bolsonaro appoints central bank directors to fixed terms By Reuters

© Reuters. FILE PHOTO: Brazil’s Central Bank President Campos speaks at a media statement in Brasilia BRASILIA (Reuters) – Brazil’s President Jair Bolsonaro on Tuesday appointed central bank chief Roberto Campos Neto and seven directors to fulfill their fixed-term mandates on the monetary authority’s board. The appointments were published in…
bubmag
April 20, 2021