A government drive to reduce electricity tariffs has encountered opposition
Some softening of renewal terms is possible, but the government’s determination to reduce the ‘Brazil cost’ is clear.
According to our survey, builders merchants nationwide are reporting a rapid increase in sales.
Cautious developers have shunned the scheme, but the experience of Direcional and MRV has been positive.
The government is determined to keep the public sector as an important player in the next phase of the transport upgrades.
With assets of R$4bn in Brazil, the utility has a platform for ambitious expansion.
Local analysts debate whether lower electricity prices raise a real risk for lower investment in the sector.
Recent price pressures are unlikely to change the central bank.
In politics, São Paulo mayoral candidates head to TV debates.
Ahead of fresh announcements, local media reports Dilma Rousseff's dissatisfaction with the last set of airport privatisations.