News of privatisation

Bloomberg

Brazil gets US$5.2 billion by pursuing its downsizing plan

06-02-2020 13:34 The Brazilian State Development Bank (BNDES) disposed of its stake in oil giant Petroleo Brasileiro SA, selling all 734 million shares and raising US$5.2 billion, in a wave of asset sales aimed at reversing years of government-led economic growth.

BRAZIL UNDER BOLSONARO

Economy in mind, Bolsonaro changes tack and cozies up to China

13-11-2019 12:38 Gone is last year’s fiery campaign trail rhetoric about China being a rapacious power intent on exploiting Brazilian resources. China is, after all, Brazil’s biggest trading partner.

Bloomberg

Brazil finally delivered on pensions – now comes everything else

11-07-2019 12:52 Pension bill approval has mostly been priced into markets, but investors will want more reform.