Micro and small companies have 5.8% drop in defaults in 2020

Corporate defaults fell by 5.8% in December last year, when compared to the same month the previous year. The reduction was driven by micro and small businesses, which are the majority among businesses with open debts in the country in the period. Smaller enterprises had a retraction of 7.3% compared to December 2019, reaching 5.4 million, which represents 92.9% of the total of 5.8 million businesses with overdue accounts in December 2020.

Source: UOL Economia

EDP anticipates in 17 months transmission project in MA

EDP Brasil announced it has concluded the necessary steps for the energisation and integration to the National Interconnected System (SIN) of one of the two sections of Lot 07 of transmission auction 005/2016, including the line connecting São Luís IV and São Luís II substations and São Luís II and São Luís IV substations. The conclusion of this stretch anticipates in 17 months the date foreseen in the schedule of the National Agency of Electric Energy (Aneel).

Source: 6 Minutos

TIM is the first telecom in Brazil to have 100% of its data in the cloud

The telephony operator TIM announced the migration of 100% of the data that goes through its datacenters in Brazil to a cloud environment. According to the operator, it is the first company in the telecom sector to make this kind of investment. The change is also linked to TIM’s commitment to best ESG practices. The migration to the cloud reduces the emissions directly associated with storing data in physical spaces, an important step towards the operator’s goal of being carbon neutral by 2030.

Source: Exame

Ipea raises projection for agribusiness GDP growth to 2.2%

The Institute for Applied Economic Research (Ipea) has raised its estimate for the sector’s growth this year from 1.5% to 2.2%, based on IBGE estimates. The new estimate takes into account updated projections for agricultural and livestock production and a methodological review. For this year, the researchers projected an increase of 2.3% in the added value of vegetable production and 1.9% in the added value of animal production.

Source: G1

Brazilian agriculture is a development model for other countries in the tropical belt

The tropical agriculture model based on science, technology and innovation implemented in Brazil, which has made the country one of the world’s leading players in the sector, is the way to strengthen developing countries in the tropical belt. Tropical agriculture is one of the ways to reduce hunger and ensure peace and food security in the countries of the Americas, Africa and Asia, said former Agriculture Minister Alysson Paolinelli, nominated to receive the Nobel Peace Prize in 2021.

Source: Money Times