Industries and markets

“The preventive detention against Pedro Pablo Kuczynski (PPK) and the death of Alan García are one more link in the long chain of corruption of the Peruvian institutional system.”

“After a year of being in jail, the former president of Brazil gave an interview in which he criticizes and gives his point of view on the government of Bolsonaro.”

“Odebrecht is a Brazilian construction firm that was involved in the building of venues for the 2016 Olympics and 2014 football World Cup. It triggered Latin America’s biggest corruption scandal when it admitted in 2016

“One of Brazil’s best-performing hedge funds has been scooping up the shares of state-controlled oil giant Petrobras. Joao Braga and Marcos Peixoto, who manage US$ 1.3 billion (5 billion reais) at XP Asset Management, have

“The projected cost of 120 million pesos (US $6.2 million) five months ago is now 972 million pesos (US $50.8 million).”

“Brazil’s President Jair Bolsonaro has cancelled a planned trip to the United States after protests from gay rights and environmental campaigners. Mr Bolsonaro was due to attend a ceremony in his honor in New York

“It was the biggest decline in six months, almost double the median estimate of a 0.7% fall in a poll of economists, and weighed heavily on the longer-term measures of industrial output.”

“MSCI’s index of Latam currencies rose 0.6% as regional currencies made impressive gains as the dollar slid.”

On April 24th, 2019, president Jair Bolsonaro has signed a law that introduces Simple Credit Enterprises (Empresa Simples de Crédito, ESC) to Brazil. The motivator behind the project is that Brazilian small and micro businesses

“Brazil’s government has for years subsidized interest rates on loans for farmers, due to a history of high interests in the country. The federal government pays banks the difference between the conditions it sets for