Wed, Aug 24, 2016
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Brazil creates SWF against Congress’s wishes

Posted on 29 December 2008

From Brazzilmag.com: Luiz Inácio Lula da Silva, the president of Brazil, has signed a law creating a sovereign wealth fund to protect the country from the global financial crisis and help Brazilian companies boost trade and expand overseas.

The presidential press office said in a statement that Lula signed the law on Wednesday as well as a temporary measure founding the fund with the equivalent of almost US$ 6 billion….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 19285 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
August 2016
M T W T F S S
« Jul    
1234567
891011121314
15161718192021
22232425262728
293031