BNDES approves possibility of updating the standstill

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The National Bank for Economic and Social Development (BNDES) of Brazil approved for the 3rd time the extension of the standstill update, an action of temporary suspension of the payment…

Brazilian urban passenger numbers drop 46.7% in 2020

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BRAZIL’s metro, urban rail and light rail networks carried only 1.7 billion passengers in 2020, a 46.7% drop compared with 3.3 billion in 2019, according the Balance of the Brazilian…