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Unforeseen losses of BRL43bn (USD8.2bn) discovered in its balance sheet in early January prompted a sharp fall in the company's share price. Uncertainty regarding the undeclared…
Small companies have been the most affected. Government programmes have supplied credit but struggled to channel funds to the neediest companies, especially at the beginning of…
Among those awaiting the beginning of the Rio Olympic Games on August 5, business leaders will be looking forward to a period of relative political and economic calm. They will…
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DOI: 10.1108/OXAN-DB212438
ISSN: 2633-304X
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Geographic
Topical
This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…
Reform of the National Development Bank.
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DOI: 10.1108/OXAN-DB224900
ISSN: 2633-304X
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Geographic
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Prospects for the global economy to end-2016.
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DOI: 10.1108/OXAN-DB211416
ISSN: 2633-304X
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The decision terminates the exemption put in place last year by former President Jair Bolsonaro to tackle rising inflation and boost his ultimately failed re-election campaign…
Lesser-known cyber players.
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DOI: 10.1108/OXAN-DB236921
ISSN: 2633-304X
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The Petrobras case ('Operation Car Wash') has led to the arrest of several of Brazil's most senior executives in the construction, infrastructure and engineering sectors (thus far…
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DOI: 10.1108/OXAN-DB199172
ISSN: 2633-304X
Keywords
Geographic
Topical
Peru’s main opposition party, Fuerza Popular (FP), will support the bid by left-wing parties to initiate impeachment proceedings. Kuczynski will argue that political and economic…