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Brazilian rail company Supervia seeks bankruptcy protection 09 Jun 2021 (Last Updated June 9th, 2021 12:27) Supervia was handling nearly 600,000 commuters in a day before the pandemic. Share Article Brazil-based metropolitan rail firm Supervia has filed for bankruptcy protection due to the severe drop in traffic during the Covid-19 pandemic. The company has requested the Court of Justice of Rio de Janeiro to initiate fresh negotiation with creditors and the granting authority, namely the Rio de Janeiro state government. Supervia’s total debt amount stands at nearly $237.4m (R$1.2bn). The company stated that a major portion of the debt was accumulated during the pandemic when it was incurring losses. ....
Nationwide demonstrations in Brazil after police slaughter 27 in Rio favela raid On Thursday, for the third day in a week, Brazilians took to the streets of Rio de Janeiro and other state capitals to protest against a police raid in the Jacarezinho favela in Rio de Janeiro’s working-class northern zone on May 6 which left 28 dead, the largest number for a single police operation since 1989. That was the first year under the current Brazilian Constitution, which ended, on paper, the death squad operations of the 1964-85 US-backed military dictatorship. The massacre was put at the center of traditional May 13 marches nationwide that commemorate the abolition of slavery in 1888 and protest against social inequality and police violence. Demonstrations demanding the end of police massacres had previously been held in São Paulo on Saturday and on the evening following the intervention in northern Rio, drawing thousands of residents. ....
Meet Brazil’s Financial Guru for a New Generation With lower-income Brazilians investing in record numbers, Nath Finanças has accumulated a huge following on YouTube and beyond. Nath Finanças has over 200,00 YouTube subscribers.YouTube Correction appended below. RIO DE JANEIRO On most Friday nights, 22-year-old Nathália Rodrigues finds herself bombarded with confessions from her online followers. Proclamations of late-night pizza orders and impulsive shopping sprees pour in from around Brazil, all of them followed by the words “Nath, I have failed you.” The phrase has become something of a meme in Brazil, a testament to the popularity of Rodrigues’, aka Nath Finanças’ (Finances), brand of personal finance management. As one of the country’s most popular financial influencer-educators, Rodrigues has become something of a guiding light for a class of newly-banked lower-class Brazilians thirsty for financial education. ....
Brazil Operation: COVID-19 Response, January 2021 - Brazil reliefweb.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reliefweb.int Daily Mail and Mail on Sunday newspapers.