In one week, candidates will start broadcasting their ads on TV and radio. Free airtime is divided among candidates based on how many lower house seats their coalition has (chart below). Free, of course, is a figure of speech. Parties don’t pay for the airtime – taxpayers do. In exchange for the time slots, TV and radio broadcasters get hefty tax cuts. In 2018 alone, this airtime should cost taxpayers over BRL 1 billion.
This week’s topics: the potential market for "super apps" in Brazil. Brazil to finally get its first AI university course. Brazilian 21-year-old wins environmental innovation award. How connected Brazilian kids and teens are. #BrazilianReport
"According to Anbima, the Brazilian association of financial and capital markets entities, the local capital market raised BRL 240.1 billion in the first 7 months of the year. This was 38.7 percent higher than the same period of 2018."