Deeply unpopular and tangled in a web of political turmoil, Michel Temer’s chances of executing tough, investor-friendly reforms appear to be shrinking. Now the Brazilian president has a narrow window to straighten out the country’s troubled fiscal position ahead of the 2018 elections
Tag: Michel Temer
Posted inWeb Articles
Corruption allegations threaten Brazil’s equity bounce
While Brazil’s equity market gathers steam, another political setback threatens to plug up the deal pipeline
Posted inDaily Brief
BNDES head resigns
Maria Silvia Bastos steps down citing personal reasons as a corruption scandal swirls around President Michel Temer
Posted inDaily Brief
Brazil sits still amid market malaise
Equity markets feel the pinch of the country’s political woes, while corporate issuers postpone potential bond sales
Posted inDaily Brief
Ser Educacional calls off equity trade
Brazilian educator culls follow-on, saying the dip in its stock price did not reflect the company’s expected profitability
Posted inWeb Articles
Brazil’s securities regulator investigates JBS
CVM opens probe after press reports that the company at the center of the latest corruption scandal bought “large quantities” of dollars in the currency markets
Posted inDaily Brief
Corruption casts doubt on Brazil’s equity pipeline
Upcoming offerings could see delays after the Sao Paulo stock exchange loses all the gains it had made this year in one day
Posted inDaily Brief
Brazil, Petrobras bonds fall on new corruption reports
President Michel Temer is implicated in a scheme to pay off former speaker of the house, Eduardo Cunha
Posted inWeb Articles
Brazil, Petrobras bonds fall on fresh corruption reports
President Michel Temer is allegedly implicated in a scheme to pay off former House Speaker Eduardo Cunha
Posted inWeb Articles
Brazil’s Temer plans to unveil stimulus package
Brazilian media report the president is considering a series of measures to jump-start the economy as new corruption allegations emerge