Brazil Weekly

IPOs in Brazil at half of U.S. prices

Hello. This week’s issue: Brazil’s huge lottery rollover. IPOs in Brazil at half of U.S. prices. Plus, the most important facts of the week.

The week in review

Bolsonaro. The federal government remains at odds with Congress. This week, the Special Budget Committee voted to remove Brazil’s anti-money laundering authority from under Justice Minister Sergio Moro’s control—and has stalled a vote to confirm the cabinet structure Mr. Bolsonaro signed upon taking office. If it doesn’t get confirmed by June 3, the entire cabinet structure would revert to what it was under the previous administration. 

Avianca. A judge suspended airline Avianca’s...

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