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%.
Former Senator and chairman of Brazilian Social Democracy Party (PSDB) Eduardo Azeredo has left the party. He was likely going to be expelled or asked to leave by the party’s top brass. Azeredo was sentenced to 20 years in prison for corruption and money laundering https://t.co/aAWDpJiKs6
Brazi's Central Bank's decision to intervene in the depreciation of the Real hasn't worked so far, as the U.S. Dollar rate continue to rise around BRL 4.10 on São Paulo's stock market. The Central Bank has decided to tame the loss of value, holding three currency auctions by Wed. https://t.co/xnFWHjVQ8U
. @folha points out mistakes in the request placed by prosecutors to lift the bank secrecy of Flavio Bolsonaro and others. According to the newspaper, some targets were not appointed by the president's son while he served as a Rio de Janeiro lawmaker. https://t.co/gbIUFYIhv8