Power transmission auction, drop in unemployment rate and more than June 30

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The auction of 13 lots of power transmission lines, and the unemployment rate in Brazil released by the IBGE are among the highlights of this Thursday (30).

Power transmission auction

The biggest power transmission auction since 2019 ended with the sale of all 13 lots offered. The event was divided into two parts, in the morning and in the afternoon, and took place at the B3 , in Sao Paulo. In all, there were 10 winning companies, with discounts reaching 59.90%.

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The lots represent 5,425 kilometers of transmission lines and 6,180 megavolt-amperes (MVA) in substations transformation capacity. The winners of the concessions will be responsible for the construction of the lines, which should take between 42 and 60 months, and subsequent maintenance.

Unemployment rate

The unemployment rate in Brazil stood at 9.8% in the quarter ended in May, the lowest rate for the period since 2015, when it was 8.3%, informed the IBGE (Brazilian Institute of Geography and Statistics) this Thursday ( 30). Data are from Pnad Contínua (Continuous National Household Sample Survey). The market expected the rate to remain at 10.24% in the period.

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Compared to the previous quarter, from December 2021 to February 2022, the rate dropped 1.4 percentage points (pp). Compared to the same quarter last year, the drop was 4.9 pp

Milton Ribeiro case

The investigation into corruption and influence peddling in the Ministry of Education and alleged interference by President Jair Bolsonaro (PL) in the Federal Police operation that arrested former minister Milton Ribeiro has reached the Federal Supreme Court.

The court decreed the secrecy of the process, which was previously public in the Court, but confidential in the Federal Court.

Datena withdraws from pre-candidacy

The pre-candidate for the Senate for São Paulo José Luiz Datena (PSC) announced that he will no longer run in this year’s elections. During the program Brasil Urgente, on TV Bandeirantes, the presenter stated that he decided to “follow his path” outside of politics. “I thought about it and decided to follow my path”, said Datena.

In a conversation with supporters, President Jair Bolsonaro (PL) had declared support for the presenter.

US immigration

The Supreme Court has given President Joe Biden the green light to end the controversial “Stay in Mexico” immigration policy that originated under former President Donald Trump.

Since the beginning of his administration, Biden has tried to end the policy, which sends certain non-Mexican nationals who have entered the U.S. back to Mexico — rather than detaining or releasing them in the United States — while his immigration procedures played out.


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*Posted by Renata Souza

Source: CNN Brasil

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