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Brazil: Lula da Silva says sale of Eletrobras is a crime against the homeland

RIO DE JANEIRO, BRAZIL - Workers' Party (PT) leader, former president of Brazil, and ex-convict Luiz Inácio Lula da Silva, reiterated Wednesday his opposition to the privatization of the country's and...

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Five hot topics for Brazil this week (April 18)

RIO DE JANEIRO, BRAZIL - The IMF and World Bank annual meeting in Washington brings together authorities such as Powell, Lagarde, Campos Neto, and Guedes. There will also be a G20 meeting. Strike...

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Will the privatization of Brazil’s Eletrobras be prevented today?

RIO DE JANEIRO, BRAZIL - The privatization of Eletrobras, considered one of the largest energy companies in Latin America, is in danger of failing. In the hearing scheduled for this Wednesday (20),...

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Brazil’s Federal Court of Accounts minister asks for more time and postpones...

RIO DE JANEIRO, BRAZIL - Minister Vital do Rêgo of the Federal Court of Accounts (TCU) asked for 60 days of access to the procedure for the privatization of Eletrobras. This tool would allow him more...

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Brazil’s Economy Minister believes Eletrobras privatization will occur this year

RIO DE JANEIRO, BRAZIL - At a press conference held on April 21 at the Brazilian Embassy in Washington, Brazil's Minister of Economy, Paulo Guedes, said he believes that the "privatization of...

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Brazil’s Eletrobras privatization may occur by mid-August

RIO DE JANEIRO, BRAZIL - On May 17, Eletrobras CEO Rodrigo Limp said that the completion of the company's privatization operation could occur by mid-August in a favorable scenario. "This is the most...

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Brazil: Court gives green light to Eletrobras privatization

RIO DE JANEIRO, BRAZIL - Brazil's Court of Accounts of the Union (TCU) gave the green light on Wednesday to the privatization of Eletrobras, the largest electricity company in Latin America, which will...

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Brazil is preparing to privatize Eletrobras in a US$7 billion deal

RIO DE JANEIRO, BRAZIL - Brazil is moving forward with the process of relinquishing its majority stake in Latin America's largest power utility, Eletrobras, through a share sale that could raise US$7...

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São Paulo: Sabesp privatization should follow Eletrobras model

Natália Resende, secretary of Infrastructure, Environment and Logistics of São Paulo, said that the privatization format of the Basic Sanitation Company of the State of São Paulo (Sabesp) should follow...

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Brazilian President criticizes Eletrobras privatization and will ask for it...

Brazilian President Luiz Inácio Lula da Silva criticized yesterday, Tuesday, the privatization process of the state-owned electric energy company Eletrobras in 2021, which he described as "erratic" and...

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