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BNDES
The National Bank for Economic and Social Development or NBESD (, abbreviated: BNDES) is a development bank structured as a federal public company associated with the Ministry of the Economy of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the country's development. BNDES is one of the largest development banks in the world (after the Chinese Development Bank, which boasts assets of around RMB 7.52 trillion, or around $1.2 tn). Its non-performing loan ratio is also less favorable (2.2%) compared to the CDB's that stands below 1%. Among the objectives of BNDES are the strengthening of the capital structure of private companies, the development of capital markets, the trading of machines and equipment and the financing of exports. Since its establishment on June 20, 1952, BNDES has financed large-scale industrial and infrastructure endeavors and has played a significant role in the support of investments in agriculture, commerce, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNDES Building
The National Bank for Economic and Social Development or NBESD (, abbreviated: BNDES) is a development bank structured as a federal public company associated with the Ministry of the Economy (Brazil), Ministry of the Economy of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the country's development. BNDES is one of the largest development banks in the world (after the Chinese Development Bank, which boasts assets of around RMB 7.52 trillion, or around $1.2 tn). Its non-performing loan ratio is also less favorable (2.2%) compared to the CDB's that stands below 1%. Among the objectives of BNDES are the strengthening of the capital structure of private companies, the development of capital markets, the trading of machines and equipment and the financing of exports. Since its establishment on June 20, 1952, BNDES has financed large-scale industrial and infrastructure endeavors and has played a significant role in the support of investment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rio De Janeiro
Rio de Janeiro, or simply Rio, is the capital of the Rio de Janeiro (state), state of Rio de Janeiro. It is the List of cities in Brazil by population, second-most-populous city in Brazil (after São Paulo) and the Largest cities in the Americas, sixth-most-populous city in the Americas. Founded in 1565 by the Portuguese people, Portuguese, the city was initially the seat of the Captaincy of Rio de Janeiro, a domain of the Portuguese Empire. In 1763, it became the capital of the State of Brazil, a List of states of the Portuguese Empire, state of the Portuguese Empire. In 1808, when the Transfer of the Portuguese Court to Brazil, Portuguese Royal Court moved to Brazil, Rio de Janeiro became the seat of the court of Queen Maria I of Portugal. She subsequently, under the leadership of her son the prince regent John VI of Portugal, raised Brazil to the dignity of a kingdom, within the United Kingdom of Portugal, Brazil and the Algarves, United Kingdom of Portugal, Brazil, and Algar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belo Monte Dam
The Belo Monte Dam (''formerly known as'' Kararaô) is a hydroelectric dam complex on the northern part of the Xingu River in the state of Pará, Brazil. After its completion, with the installation of its 18th turbine, in November 2019, the installed capacity of the dam complex is 11,233 megawatts (MW), which makes it the second largest hydroelectric dam complex in Brazil and the fifth largest in the world by installed capacity, behind the Three Gorges Dam, Baihetan Dam and the Xiluodu Dam in China and the Brazilian-Paraguayan Itaipu Dam. Considering the oscillations of river flow, guaranteed minimum capacity generation from the Belo Monte Dam would measure 4,571 MW, 39% of its maximum capacity. Brazil's rapid economic growth over the last decade has provoked a huge demand for new and stable sources of energy, especially to supply its growing industries. In Brazil, hydroelectric power plants produce over 66% of the electrical energy. The Government has decided to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EBX Group
EBX Group was a conglomerate that comprises six companies listed in B3 (stock exchange), B3's Novo Mercado, including OGX Petroleo e Gas Participacoes, Dommo Energia, MMX, OSX, and CCX. It was founded by Brazil, Brazilian businessman Eike Batista, who served as chairman of the conglomerate before his arrest in 2017. The group primarily invested in infrastructure and natural resources, also having initiatives in real estate, technology, entertainment, sports, gold mining, air, and railway catering. The EBX Group was active in nine Brazilian states, Chile, Canada, Colombia, and New York City. History The EBX Group activities started in the early 1980s with Eike Batista's Novo Planeta project, the first mechanized alluvial gold mine in the Amazon. Over the course of that decade, Batista became chairman of the board and CEO of TVX Gold. It was starting with this company — listed in Toronto Stock Exchange, Canada's Toronto Stock Exchange – that Batista's relationship with the globa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dommo Energia
Dommo Energia is a Brazilian publicly listed oil and gas company. Until 2017 it was known as OGX Petróleo e Gás Participações S.A. (OGX). Prior to a 2013 bankruptcy filing, OGX was Brazil's second-largest oil company by market value after Petrobras. On September 1, 2022, PetroRio announced the purchase of Dommo Energia. On October 24, PetroRio approved the incorporation of the company. With the transaction, the company now owns 100% of the Tubarão Martelo field. History OGX was founded in 2007. In June 2008 it held initial public offering and the company was listed at BM&F Bovespa. In September 2009, the company started its exploration activities. At the same year OGX made its first oil discovery at the Waimea offshore field and on 31 January 2012 it started oil production. It made several other oil discoveries. In 2010, it discovered oil at the Pero and Inga fields in Block BM-C-40. In 2013 OGX was forced to file for bankruptcy protection in the Cour ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GPA (company)
Companhia Brasileira de Distribuição, or GPA (from its former name Grupo Pão de Açúcar), is the biggest Brazilian company engaged in business retailing of food, general merchandise, electronic goods, home appliances and other products from its supermarkets, hypermarkets and home appliance stores. Its headquarters are in São Paulo city, and it is owned by Free Float. The company is the second biggest retail company in Latin America by revenue and the second largest online retailer in Brazil. The company operates its e-commerce through Cnova, a subsidiary of Via Varejo. History In 1948, the immigrant Portuguese Valentim dos Santos Diniz opened a confectionery in São Paulo, which he named Pão de Açucar ("Sugarloaf Mountain") in memory of the first landscape he saw of Brazil when he arrived by boat (the Sugarloaf Mountain is a rocky peak that dominates Rio de Janeiro). For 2013, the company planned to open more than 150 stores, targeting northeast and mid-west regions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veja (magazine)
(, English: ''see'', ''look t it') is a Brazilian weekly news magazine published in São Paulo and distributed throughout the country by media conglomerate Grupo Abril. It is the leading weekly publication in the country and one of the most influential Brazilian publishing outlets. publishes articles on politics, economics, culture, world events, entertainment, and war. It also regularly includes editorial pieces related to themes like technology, ecology, and religious debate. It has recurring sections on cinema, television, practical literature, music, and guides on diverse subjects.Maringoni, Gilberto ''Veja vs. Chávez.'' Observatório de Imprensa - Ano 12 - Nº 327 - 3 May 2005 , It has been described as politica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JBS S
JBS may refer to: Schools * John Burroughs School, in Ladue, Missouri, United States * Judge Business School, at Cambridge University * June Buchanan School, in Pippa Passes, Kentucky, United States * John Bosco School, former name of De La Salle John Bosco College * JBS, an abbreviation for Lycée Jean-Baptiste-Say (JBS Lyceum), Paris Groups, organizations, companies * Japan Bible Society * JBS S.A., a Brazilian meat processor operating worldwide ** JBS Foods International, International subsidiary of JBS ** JBS USA, its U.S. subsidiary * Jewish Broadcasting Service, an American broadcaster * Johanson–Blizzard syndrome * John Birch Society Other uses * Jubilee Bus Station, in Secunderabad, Telangana, India * John Bendor-Samuel (1929–2011), a British missionary linguist * ''Journal of British Studies'' * ''Journal of Burma Studies'' * Journey Beyond Sodor, a 2017 Thomas & Friends film See also * JB (other) * JB's (other) JB's may refer to: * The J.B.' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nobel Prize In Economics
The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (), commonly referred to as the Nobel Prize in Economics(), is an award in the field of economic sciences administered by the Nobel Foundation, established in 1968 by Sveriges Riksbank (Sweden's central bank) to celebrate its 300th anniversary and in memory of Alfred Nobel. Although the Prize in Economic Sciences was not one of the original five Nobel Prizes established by Alfred Nobel's will, it is considered a member of the Nobel Prize system, and is administered and referred to along with the Nobel Prizes by the Nobel Foundation. Winners of the Prize in Economic Sciences are chosen in a similar manner to and announced alongside the Nobel Prize recipients, and receive the Prize in Economic Sciences at the Nobel Prize Award Ceremony. The laureates of the Prize in Economic Sciences are selected by the Royal Swedish Academy of Sciences, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Stiglitz
Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, political activist, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank. He is also a former member and chairman of the U.S. Council of Economic Advisers. He is known for his support for the Georgist public finance theory and for his critical view of the management of globalization, of ''laissez-faire'' economists (whom he calls " free-market fundamentalists"), and of international institutions such as the International Monetary Fund and the World Bank. In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001 and received the university's highest academ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
