Brazil’s producer of chips gets liquidated amid a global shortage

Quickly after being elected Brazil’s president in late 2018, Jair Bolsonaro boasted that he would privatize 100 of the nation’s state-owned corporations. Whereas this delighted markets and monetary elites, the far-right Bolsonaro authorities’s privatization agenda has gone subsequent to nowhere in nearly three years. And the operations carried out to this point both pale in significance or are surrounded by shady pursuits.

Nearly all of “privatizations” carried out by the Bolsonaro administration have concerned the promoting of property in corporations which are already partly privately owned. And just one 100-percent state-owned firm is lastly reaching the end line on its…