Brazil lifts restriction on foreign ownership of local airlines, opens up investment to 100%

December 28, 2018

Brazil‘s outgoing President Michel Temer reportedly approved 100% foreign ownership of a Brazilian airline, through an executive order issued in the wake of Avianca Brasil‘s bankruptcy proceeding (Merco Press, 27-Dec-2018). Ownership was previously restricted to 20% for foreign investors.

https://blueswandaily.com/brazil-lifts-restriction-on-foreign-ownership-of-local-airlines-opens-up-investment-to-100/

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Netanyahu will visit president elect Bolsonaro this Friday in Rio
Friday, December 28th 2018 - 09:12 UTC

Israel’s Prime Minister Benjamin Netanyahu has left on a historic six-day trip to Brazil, the first ever visit the largest Latin American country made by a sitting premier of the Jewish state. Besides boosting diplomatic and economic ties between the two countries, Netanyahu is scheduled to hold a one-to-one meeting with president-elect Jair Bolsonaro this Friday in Rio de Janeiro.

“I am happy that we can open a new era between Israel and this superpower called Brazil,” Netanyahu said on his departure.

Meetings with the new heads of the Brazilian foreign and defense ministries have been set, as well as with local Jewish community leaders where he has been tipped to attend a Shabbat synagogue service in Copacabana.

Brazil has a sizeable and influential Evangelical community, whose unwavering support for the State of Israel has likely contributed to Bolsonaro’s comments on his intentions to move the country’s embassy from Tel Aviv to Jerusalem. Netanyahu will also meet with Christian Evangelical heads.

More:
http://en.mercopress.com/2018/12/28/netanyahu-will-visit-president-elect-bolsonaro-this-friday-in-rio

LBN:
https://www.democraticunderground.com/10142231860