China investiert weiter heftig in Brasilien: Schlagzeilen der internationalen Ausgabe von VALOR ECONÔMICO

BUSINESSChina Three Gorges becomes leading private-sector generator in Brazil

POLITICS

Spending-cap bill passes first round of Chamber voting

COMMENTARY
Memories of a childish socialism…
Perhaps it is time to set aside the dreamy search for a “perfect” society and admit the possibility of building a more modest “civilized” one
BUSINESSBrazil is second largest ad market of Instagram

ECONOMYBrasília wants more buyout programs at state-owned companies

MARKETSCVM expands scope of agribusiness receivables

BUSINESSPetrobras accelerates decommissioning of offshore rigs

ECONOMYCompanies criticize oil price revision for royalty payments

BRIEFS
The new president of the National Telecommunications Agency (Anatel), Juarez Quadros, told Valor that it was a mistake for the government to have authorized the merger of Telemar with Brazil Telecom in order to create Oi in 2008. He explained that the transaction, authorized by a decree from former President Luiz Inácio Lula da Silva, was not illegal, but allowed two „highly-indebted“ companies to merge. „The proper strategic review was not undertaken,“ said Mr. Quadros, who takes office this Tuesday at Anatel. Oi’s debt totals R$65 billion, and the carrier has been under bankruptcy protection since June. The telecom owes more than R$13 billion to Anatel alone. Mr. Quadros pointed out that there is an „economic disaster“ that needs to be resolved. „If they were still separate, it would be much easier to solve [the problem]. The debt would be lower, the geographic area smaller. Therefore, we’ve multiplied the problem,“ he noted.
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