Good morning! The 50-year anniversary of Embraer, one of Brazil’s most emblematic companies. New revelations suggest Operation Car Wash could have committed crimes. How Amazon municipalities are throwing money away. (This newsletter is for platinum subscribers only. Become one now!)
The 50 years of Embraer
Brazil’s planemaker Embraer celebrates its 50th anniversary today. The company was founded on August 19, 1969, amid the military dictatorship’s project to build a “great Brazil.”
Why it matters. As the crown jewel of the Brazilian industry, Embraer is Brazil’s biggest exporter of added-value products and trails only behind Airbus and Boeing in planes sold...
