What to expect from Jair Bolsonaro’s visit to Washington
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Good morning! This week’s issue: the most important facts of the week. It’s getting more expensive to produce soybeans in Brazil. What to expect from Jair Bolsonaro’s visit to Donald Trump, in Washington.
This week in review
Privatization. On Friday, the Brazilian government auctioned off 12 airports across 8 states. The privatization raised BRL 2.1bn—a 986% bump from the minimum prices set by the government. Southeastern airports were taken by Zurich (Switzerland); Socicam and Sinart (Brazil); and Aena (Spain). Over the next 30 years, the companies are expected to invest a combined amount of BRL 3.5bn in infrastructure. This auction generated much more interest than the previous round of airport privatizations.
Credit. The Senate approved the creation of a “good payers” list—which will compile credit information from customers who paid their debts without delay. Advertised as a way to lower banks’ risks (and therefore interest rates), the move could expose the private data of millions of customers to companies. Between 2015 and 2017, complaints about the inappropriate use of personal data rose by 1,134%.