Good morning! Today, we talk about how big Brazilian companies could miss out on Brazil’s recovery due to their high debts. Plus, how Brazil’s relationship with Iran is developing after the Middle Eastern country attacked U.S. bases in Iraq. And Bolsonaro refuses to “tax the sun.” (This newsletter is for premium subscribers only. Become one now!)
The Brazilian Report has a new website to make your reading experience even more enjoyable! To celebrate the move, we’re offering you a 20-percent discount on all yearly subscription plans!
Debts could see companies miss out on Brazil’s recovery
The number of Brazilian companies that have filed for court-supervised reorganization—similar to Chapter 11 in the U.S.—