21 May 2013

BRASIL : Dilma Wins Port Privatization Approval From Congress.

     34 state owned ports may soon be open to private investment...that could help improve Brasil's notorious and expensive shipping bottlenecks...and boost productivity.
   A new privatization bill passed by Congress at the last minute has gone to President Dilma Rousseff for signing.
   Labor unions oppose the legislation...that she helped negotiate.
   Rio dock workers had even walked out for 2 days over the issue...but returned.