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Brasile
Rio May Not Pay Back Debt to the Federal Government
By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL – Even if the Fiscal Recovery Regime (RRF) is renewed until 2023, the debt of the State of Rio de Janeiro with the Union is unpayable unless there is a structural change in the economy of Rio de Janeiro, according to ...
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Brasile
Brazil’s Bolsonaro: How’s He Doing After 100 Days? Part I: Foreign Affairs
Opinion by Michael Royster São Paulo, SP – On April 10, Jair Messias Bolsonaro will commemorate (or perhaps just remember) his first 100 days in office as Brazil’s President. It is customary for pollsters and pundits to analyze presidential performance and public opinion during that period; the Curmudgeon is unable ...
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Brasile USA
Brazil Government to pay Petrobras USD 9 billion for Oil Contract Revision
By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian government reached a landmark deal to pay state-controlled oil company Petróleo Brasileiro SA US$ 9.058 billion for revising a transfer-of-rights oil contract, Energy Minister Bento Albuquerque said on Tuesday. Albuquerque told reporters after a meeting in Brasilia that ...
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Brasile USA
Swiss Attorney General Refunds Millions to Brazil
By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL – Crimefighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to Brazilian state oil firm Petrobras in which around US$ 701 million (700 million Swiss francs) remain frozen in the alpine country. The Swiss ...
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Brasile
Ford Launches Layoff Program in Bahia
By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian unit of Ford Motor Company said on Tuesday it was initiating a voluntary layoff program for its plant in Camaçari, in the northeast state of Bahia, with the goal of reducing the workforce it said was in excess ...
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Corea del Sud
Co-working space to keep up strong growth in downtown Seoul: CBRE
Despite slow gross domestic product growth and weak interest rates throughout the year, as well as the dampening impact
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Italia
Mercatone Uno, i nuovi proprietari chiedono il concordato preventivo
Shernon Holding S.r.l., la Società che lo scorso 9 agosto ha acquisito 55 punti vendita a marchio Mercatone Uno, ha deliberato di presentare al Tribunale di Milano domanda prenotativa di...
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Brasile
Inflação da terceira idade acumula taxa de 5,37% em 12 meses
O Índice de Preços ao Consumidor da Terceira Idade (IPC-3i), que mede a variação da cesta de consumo de pessoas com mais de 60 anos de idade, registrou inflação de 1,49% no primeiro trimestre deste ano. Em 12 meses, o IPC-3i acumula taxa de 5,37%, acima dos 4,88% registrados pelo ...
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USA Nigeria
Edo, CBN Partner To Boost State’s Agripreneur Programme
LEADERSHIP: Determined to provide farmers with access to funding and other inputs to increase productivity, the Edo state Government has partnered with the Central Bank of Nigeria (CBN) on a synergy between the Anchor Borrowers’ Programme and the state’s Agripreneur programme. Special Adviser to the Edo State Governor on Agriculture, ...
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Nigeria
CBN Defends Position On Agriculture Financing, MSMEs
LEADERSHIP: The Central Bank of Nigeria (CBN), says it is directly involved in financing agriculture, infrastructure and Micro Small and Medium Enterprises (MSMEs) to ensure real growth in the economy. Mr Isaac Okorafor, CBN’s Director, Corporate Communication, said this on Wednesday in an interview with the News Agency of Nigeria ...