Transcript: Rumo SA, Q3 2022 Earnings Call, November 11, 2022

November 11, 2022

Hello everyone and thank you for waiting. Welcome to Rumo's conference call to discuss third quarter 2022 results. Joining us today are Mr. Rafael Bergman, CFO and IRO; ...

Reform fuel subsidies, scrap carbon tax

Gregory Cervantes

November 4, 2022

Implicit Tariff

The World Bank yesterday called for reforms in the power and energy sectors to achieve energy efficiency and meet Bangladesh's commitment to decarbonize its economy. Currently, the country's electricity ...

A dangerous world for autocracy

Gregory Cervantes

October 26, 2022

Implicit Tariff

President Woodrow Wilson once proclaimed that the United States should seek to make the world "safe for democracy." His lyrics called for a more militant foreign policy and the creation of ambitious, but ult...

Economics is Politics and Politics is Economics (Part 1)

Gregory Cervantes

October 23, 2022

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After decades of separation, economics and politics have once again become inseparable. A growing number of voters are rejecting the long-established consensus among economists that prosperity comes from broad...

What Lies Behind: The Untold Suffering of Gun Violence in the United States

Gregory Cervantes

October 17, 2022

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A turning point in the relations between Pakistan and the United States and perhaps the first step towards the restoration of the traditional friendship between Pakistan and the United States. ...

Washington’s ‘friendship’ has awakened more Europeans (Global Times editorial)

Gregory Cervantes

October 12, 2022

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Artwork: Liu Rui/GTIn recent days, major European countries such as Germany and France, as well as the EU, have made intriguing statements about their relations with China and the United States. EU Trade Com...

Eco: West Africa’s missed silver bullet against the recession?

Gregory Cervantes

October 9, 2022

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The introduction of the Eco, the regional currency planned for West Africa, would have protected the sub-region from the current macroeconomic instability, including a possible recession, which threatens the 15...

Electricity market: Tread carefully on the dark rocky path – BR Research

Gregory Cervantes

September 29, 2022

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The exclusivity of the electricity distribution companies (or DISCO) ends. The Competitive Bilateral Swap Market (CTBCM) is being created and it is the right move. Deregulation of the electricity sector has a...

This fund manager beats the market. Here’s what he’s betting against

Gregory Cervantes

September 22, 2022

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Warmongering comments from Federal Reserve officials and a hotter-than-expected August inflation report have weighed on stock markets in recent weeks as investors grapple with the prospect of higher and higher ...

Paradox of solar net metering? – BR Search

Gregory Cervantes

September 20, 2022

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At the macro level, this government is trying to promote solar power generation by planning to install 10,000 MW - mostly in IPP mode. And on the other hand, at the micro level, this government discourages net...

Guidelines for the Prime Minister’s Awards for Science in Diversity Management

Gregory Cervantes

September 18, 2022

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Background The Prime Minister's Awards for Science are Australia's most prestigious awards for outstanding achievement in scientific research, research-based innovation and excellence in science education. Th...

The CEO Imperative: Prepare Now for the New Era of Globalization | EY

Gregory Cervantes

September 8, 2022

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The globalization of recent decades has brought extraordinary benefits to people around the world. In emerging markets, trade has helped lift billions of people out of poverty and enabled access to innova...

“Our energy bill has increased by more than 300%”

Gregory Cervantes

September 8, 2022

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“When we first opened during lockdown our energy bill was around £1,500 a month which seems like a lot but is completely normal for a bakery of our size. For about six months now our energy bill has increased...

New legal aid agreement ‘gives us hope for the future’, says Quebec criminal lawyer

Gregory Cervantes

September 6, 2022

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A coalition of Quebec lawyers' organizations that launched a series of pressure tactics over the summer to compel the Quebec government to implement sweeping reforms to the legal aid fee...

Brexit news: Truss eyes urgent talks with EU – further warning of ‘frayed’ ties and ‘instability’ | Politics | New

Gregory Cervantes

September 5, 2022

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Wetherspoons boss Tim Martin has said Britain is missing out on one of the biggest benefits of Brexit.Mr Martin, 67, rallied behind tariffs and "European protectionism" in a recent interview with the Sunday Tim...

Domestic consumers: electricity tariff adjustments will continue, assures the IMF

Gregory Cervantes

September 2, 2022

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ISLAMABAD: The government has assured the International Monetary Fund (IMF) that it will continue electricity tariff adjustments for domestic consumers without protected slabs and will also streamline the tube ...

States must align their tax law

Gregory Cervantes

September 1, 2022

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...

Blind Faith Baloney – Econlib

Gregory Cervantes

August 25, 2022

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Oren Cass of American Compass recently published an article – co-authored with his colleague Chris Griswold – in the New York Times that I just started reading. In it, they advise Repu...

CLC seeks to correct Federal Election Commission regulations on reimbursement of illegal contributions

Gregory Cervantes

August 25, 2022

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Federal campaign finance laws are designed to increase transparency, reduce corruption and the appearance of corruption, and prevent foreign electoral influence. To achieve these goals, the Federal Election Ca...

Form 497K AQR Funds

Gregory Cervantes

August 19, 2022

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due to losses magnified by Instruments providing leveraged exposure may require the Fund to liquidate the portfolio positions to meet its obligations or to meet redemption requests when it may not be advantage...

Where is the multilateral trading system going – Part I

Gregory Cervantes

August 14, 2022

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For some time now, it has been felt and felt that the multilateral trading system represented by the WTO m...

Are we about to pull the rug out from under our trade protections?

Gregory Cervantes

August 10, 2022

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Tony Nowell is president and co-owner of Douglas Nutrition and has experience in the international and primary FMCG industries. OPINION: Here in our little corner of the world, the story of David and Goliath s...

Whose fault is it for the most expensive accommodations?

Gregory Cervantes

August 7, 2022

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Illustrative image. Joel Griffith, Tribune press service With so much attention focused on soaring gas and grocery prices, we ca...

Is privatization unnecessary or inevitable?

Gregory Cervantes

August 6, 2022

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Time and time again, we reach a point in our economy where the subject of privatization emerges as a discussion of a concern. Once again, the incumbent government is accelerating its plans to privatize state-o...

Back to the future: industrial policy is making a comeback

Gregory Cervantes

August 1, 2022

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The revival began under the Trump administration, as part of its anti-China offensive, but accelerated under President Joe Biden, who supplied his economic agencies with figures willing to intervene in the mar...

Biden-Xi call renders lackluster overhaul of polarized policy stances

Gregory Cervantes

July 29, 2022

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There was "a conversation about a face-to-face meeting being worked out between the teams, so from my perspective there was really a clear affirmative agenda that was put forward and agreed to by the leadershi...

Think big in MSME development

Gregory Cervantes

July 26, 2022

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IN our editorial several weeks ago, we argued for the government to reassess its micro, small and medium enterprise (MSME) development strategy. ...

DStv tariff hike: FCCPC’s attitude evokes institutional incompetence, lawyer says in court

Gregory Cervantes

July 25, 2022

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By Taiye AgbajeA lawyer, Festus Onifade, on Monday accused the Federal Competition and Consumer Protection Commission (FCCPC) of institutional incompetence. Onifade made the allegation before a Competition ...

Hyundai selects Canadian as global safety leader

Gregory Cervantes

July 22, 2022

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DETROIT — Clogged oil holes, electrical shorts and leaking brake fluid are just some of the safety issues that have sparked multiple fires and forced Hyundai and Kia to recall millions of vehicles over the pas...

CEMEX SAB DE CV Form 6-K Due: July 21

Gregory Cervantes

July 21, 2022

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Contents CEMEX, SAB de CV ("CEMEX") (NYSE: CX) announced today that it will release its second quarter 2022 results on Thursday, July 28, 2022 and will host a conference call and live webcast audio presentati...

VIVO ENERGY PLC – 2022 Special Dividend Consideration and Exchange Rate Release – SENS

Gregory Cervantes

July 20, 2022

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Publication of consideration and 2022 special dividend currency exchange rate Vivo Energy plc(Incorporated in England and Wales)(Registration number: 11250655)(Share code: VVO)LEI:...

Petrol-powered car ban: Concerns over ACT electric car project by 2035

Gregory Cervantes

July 19, 2022

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A plan to ban new petrol cars in the ACT by 2035 has been lambasted by radio host Ben Fordham, amid fears the move could create big problems for many locals.In an Australian first, Canberra has announced it wil...

Biden’s Middle East Tour: A Parody of US Foreign Policy

Gregory Cervantes

July 17, 2022

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The United States of America takes advantage of its financial hegemony and technological power and engages in economic coercion in the name of protecting national security. The United States ha...

Worsening crises: Pandemic disruptions and weak recovery delay gender parity to 132

Gregory Cervantes

July 13, 2022

Implicit Tariff

After big hit from COVID, gender gap hasn't rebounded, says World Economic Forum Global Gender Gap Report 2022. As the global economy enters its third year of continued disruption, it will take...

Business News | Stock and Stock Market News | Financial News

Gregory Cervantes

July 11, 2022

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Has the Supreme Court opened the door to reviving one of its worst decisions?

Gregory Cervantes

July 5, 2022

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The prevalence in the field of “originalism,” the doctrine that interprets the constitution and its amendments as they would have been understood at the time they were written, also bodes well for Lochner's pri...

The return of ‘Daronomics’? – Opinion

Gregory Cervantes

July 4, 2022

Implicit Tariff

The budget passed by the incumbent government has a strong implicit imprint of the archetypal Pakistan Muslim League (PML-N) financial czar, Ishaq Dar. There are inherent anti-documentation and anti-export/ant...

Indirect tax reforms: a job half done; GST underperforms for flawed design, regressive rate hike program

Gregory Cervantes

June 26, 2022

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As India's Goods and Services Tax (GST) ends its five-year anniversary on June 30, it has, at best, just begun to show flashes of innate brilliance. Receipts have been very dynamic in recent months, so that th...

3 key takeaways from the decision to overturn Roe v. wade

Gregory Cervantes

June 24, 2022

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Since a draft Supreme Court opinion in Dobbs v. Jackson Women's Health leaked to Politico in early May, the conservative-majority court was widely expected to overturn the landmark Roe v. Wade, who establishe...

After years of acrimony, China and Australia cautiously reach out

Gregory Cervantes

June 24, 2022

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SYDNEY — Four years after Australia's ties with China entered a downward spiral, with Australia emerging as a powerful counterweight to Beijing's growing power, the two countries have begun to explore whether t...

Liberty Times op-ed: Banning groupers is just the start

Gregory Cervantes

June 21, 2022

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After pineapples, wax apples and custard apples, China turned to Taiwanese grouper, imposing an import ban on the fish without...

Falling yen could pave the way for Japan’s central bank to change policy

Gregory Cervantes

June 15, 2022

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By Leika Kihara and Yoshifumi TakemotoTOKYO (Reuters) - The Bank of Japan's resolve to defend its yield cap is under attack from investors betting the central bank could cave to global market forces, opening up...

Perforating Disorders Treatment Market with Analysis – Industry Share, Size, Trends, Demand, Revenue, Growth, Regional Segmentation and Forecast

Gregory Cervantes

June 14, 2022

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Being an excellent separate market research report, this Perforating Disorders Treatment Market report acts as a backbone for the business. This market report offers an absolute background analysis of...

Rewards for failure? – Chronicle of investors

Gregory Cervantes

June 9, 2022

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Compensation tied to a company's share price means that executives share in the pain or gain of shareholders. But since this encourages executives to migrate to where the best share ...

ALT 5 – MORNING CALL ON DIGITAL ASSETS

Gregory Cervantes

June 6, 2022

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Developments in China Boost Risk Appetite and Top Crypto Assets NEW YORK, NEW YORK, USA, June 6, ...

Tech and Crypto at Risk as Fed Ends Cash Frenzy: Bloomberg Market Survey

Gregory Cervantes

June 6, 2022

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(Bloomberg) — The speculative darlings of the easy-money era — tech stocks and cryptocurrencies — are extremely vulnerable now that the Federal Reserve is shrinking its balance sheet by nearly $9 trillion. Mean...

The resilience of the “exorbitant privilege” of the dollar

Gregory Cervantes

May 30, 2022

Implicit Tariff

The Indo-Pacific Economic Framework (IPEF) signed by a total of 13 countries on May 23, 2022, in Tokyo is seen by many as a way to check China's economic clout in Asia and send a message that st...

Why is there a shortage of infant formula? The reason why Biden will not be able to solve the crisis.

Gregory Cervantes

May 26, 2022

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Consumers have had a crash course in the U.S. infant formula market, which slumped this year after the country's largest maker closed its Michigan plant.Understanding the infant formula market is one thing. Re...

The border carbon tax is outside the Venn diagram of trade-off

Gregory Cervantes

May 24, 2022

Implicit Tariff

For years, the idea of a carbon tax has failed Americans on both sides. And for good reason — while it would bring in a pretty penny for a federal government addicted to spending, a carbon tax would weigh on...

Australia-India trade deal aims to improve levers for value creation in both countries

Gregory Cervantes

May 21, 2022

Implicit Tariff

Text size: A- A+ Thank you dear subscribers, we are delighted with your response. Your Turn is a unique section of ThePrint featuring the views of its subscriber...

Bharti Airtel shares plunge after fourth quarter results. What should investors do?

Gregory Cervantes

May 18, 2022

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Bharti Airtel shares plunged nearly 2% to ₹695 apiece in Wednesday's BSE trading session despite telecom operator Bharti Airtel more than doubling year-on-year (YoY) in consolidated net pr...

Government bans wheat exports after new estimate of low production, says need to ensure food availability

Gregory Cervantes

May 15, 2022

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A day after announcing trade delegations were being sent to nine countries "to explore possibilities of boosting India's wheat exports", the government on Saturday banned all shipments of grain with immediate e...

Biden’s game of concocting narratives is akin to playing with fire

Gregory Cervantes

May 8, 2022

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Illustration: Chen Xia/Global TimesWith just six months to go before the US midterm elections in November, the Biden administration's poor handling of the US economy and a number of international crises has be...

Election campaign cost of living debate lacks serious NDIS questions

Gregory Cervantes

April 29, 2022

Implicit Tariff

Go to the Australian Productivity Commission website and find the link to the Commission's 2017 report on National Disability Insurance Scheme costs.The 533-page report outline alone takes up 48 pages. Also on...

Why Netflix is the worst performing stock in the S&P 500

Gregory Cervantes

April 29, 2022

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While Reed Hastings, the chairman and co-founder of Netflix, said in a taped presentation April 19 that the company would get through these difficult times, he acknowledged that it needed to think differently. ...

Here’s why analysts see more steam in RIL stocks despite rising more than 9% in 3 days

Gregory Cervantes

April 22, 2022

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Energy-telecom giant Reliance Industries (RIL) jumped more than 9% in three consecutive sessions to hit an all-time high of Rs 2,788.80 on Thursday. However, shares of the company closed at Rs 2,782.15 on Apri...

Struggling mum threatened with legal action over £329 solar energy bill

Gregory Cervantes

April 19, 2022

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A woman has revealed how she was threatened with legal action over solar panels on her municipal property. Mom of two, Shazmeen Khan has lived in her two-bedroom terrace for nine years. She shared the prop...

India Exports: Where India Should Focus Now in a Changing Export Scenario

Gregory Cervantes

April 11, 2022

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India's stellar export performance in 2021-22, with merchandise exports totaling over $400 billion, compared to a five-year average of $300 billion before the pandemic, has attracted its fair share of cheerlead...

Will the war in Ukraine ease US-China tensions?

Gregory Cervantes

April 10, 2022

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The war in Ukraine has put China in a bind. As a friend of both Russia and Ukraine, China has no desire to choose sides. On the contrary, traditional Chinese wisdom holds that when two friends clash, the main...

Ryanair: Our bet on resuming travel (NASDAQ: RYAAY)

Gregory Cervantes

April 6, 2022

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Patryk_Kosmider/iStock Editorial via Getty Images Ryanair Holdings plc (NASDAQ: RYAAY, OTCPK:RYAOF) is the holding company of Ryanair Limited, the European low-cost airline operator. The company (RYAAY, OTCPK:...

Business model for developing ultra-efficient devices

Gregory Cervantes

April 2, 2022

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In a world subject to climatic constraints, energy efficiency can be an effective compass to identify solutions likely to generate savings in carbon, energy and resources. The International Energy Agency (IEA...

Market turbulence leads to changes in PPAs – pv magazine International

Gregory Cervantes

April 2, 2022

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Change is the only constant. This is how we would sum up, in one sentence, the conclusions of our report “European Market Outlook 2022”. Essentially, this report documents a landmark year of major adaptation,...

Onshore wind expansion hopes in long-awaited energy strategy

Gregory Cervantes

April 1, 2022

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Planning rules for onshore wind farms could be relaxed in next week's government strategy paper on the UK's future energy supply, after Boris Johnson expressed frustration at the long delays facing projects .Pr...

Zoom makes it easy to connect your meeting directly to Twitch

Gregory Cervantes

March 23, 2022

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Zoom announced on Wednesday that it's making it easier to live stream your meeting or webinar on Twitch by adding native integration with the streaming service to its app. After connecting your Zoom...

Swiss Life publishes its 2021 annual report

Gregory Cervantes

March 23, 2022

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Swiss Life Holding AG / Key word(s): Annual results23-March-2022 / 07:00 CET/CESTPublication of an ad hoc announcement pursuant to Art. 53LRThe issuer is solely responsible for the content of this announcement...

Anglo American stock: Copper exposure can only improve (OTCMKTS:AAUKF)

Gregory Cervantes

March 21, 2022

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Alfio Manciagli/iStock via Getty Images Posted on the Value Lab 17/3/2022 The discussion around renewable energy has been particularly interesting in the context of the Ukraine-Russia war and the general geop...

Federal COVID-19 aid saved child care for millions, report says

Gregory Cervantes

March 10, 2022

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If you're from a working family and you've managed to keep your child care going for the past two years, you could thank the federal government, according to a new report. Child care providers have faced st...

Raghuram Rajan: India should focus on (human) capacity building, not chips, says Raghuram Rajan

Gregory Cervantes

March 9, 2022

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Indian students stuck in war-torn Ukraine, their peril splashed on television screens, have made it clear how many young minds are leaving India for higher education abroad. This is not just an economic drain ...

SEPHAKU HOLDINGS LIMITED – Sephaku Cement 2021 Financial Results Summary – SENS

Gregory Cervantes

March 7, 2022

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Sephaku Cement 2021 financial results summary Sephaku Holdings Limited(Incorporated in the Republic of South Africa)(Registration number: 2005/003306/06)Share code: SEPISIN: ZAE000...

Editorial | Be careful with chicken fare | Remark

Gregory Cervantes

March 3, 2022

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That Pearnel Charles Jr, the Minister of Agriculture, has remained silent recently on the possibility of suspending tariffs and other duties on chicken meat imports may be a good sign. Although goi...

In power or not, with no positive agenda in sight, today’s right is failing when it comes to governance

Gregory Cervantes

March 1, 2022

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Here is the party of cancellation - against the majority, climate threats, abortion, vaccination mandates and immigration plus science, intellectual freedom, health care, homosexuals, minori...

To Those Mountains – Cityview

Gregory Cervantes

March 1, 2022

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Tribute to the Eastern Band of Cherokee Indians and their New Business Enterprise Those of us who grew up in this part of the country know Cherokee, North Carolina. Many of us, however, are unaw...

Building multilateralism in trade is essential

Gregory Cervantes

February 19, 2022

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Failure to do so would be throwing the baby out with the bathwater. Undoubtedly, the current state of global trade has its limits and is not entirely fair to all participants. A number...

India backs Australia over Chinese export ban

Gregory Cervantes

February 13, 2022

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In response, Chinese Foreign Ministry spokesman Zhao Lijian told reporters in Beijing: “The label of 'economic coercion' cannot be pinned on China. All attempts to gang up with others to distort the facts and ...

EPF in danger of theft in Rajavasala – The Island

Gregory Cervantes

February 11, 2022

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By Uditha Devapriya Reviews of Sri Lanka's history often portray the period from 1947 to 1956 as an Eden before the fall. This was partly due to the way in which independence had been secured. ...

ARCELORMITTAL SOUTH AFRICA LIMITED – ACL – Short form: Group financial results for the year ended December 31, 2021 – SENS

Gregory Cervantes

February 10, 2022

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ACL – Short Form: Group Financial Results for the year ended 31 December 2021 ARCELORMITTAL SOUTH AFRICA LIMITED(Incorporated in the Republic of South Africa)(Registration number: ...

The future of electric vehicles depends on rare earths. Should the United States still delegate to China?

Gregory Cervantes

February 6, 2022

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(GERMANY OUT) Metal trading company Haines and Maassen GmbH in Bonn, The company mainly trades with ... rare earths and special metals. Rare earth elements are indispensable raw materials fo...

Temporize trade with China

Gregory Cervantes

February 4, 2022

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D...

Without structural reforms, CPEC will not yield results, says AfDB – Journal

Gregory Cervantes

February 3, 2022

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ISLAMABAD: Pakistan can harness its strategic geopolitical potential, improve regional and international economic connectivity and become an economic hub for Asia if the $60 billion China-Pakistan Economic Corr...

Creation of the Economic and Financial Reforms Unit

Gregory Cervantes

January 29, 2022

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ISLAMABAD: The Prime Minister was pleased to approve the establishment of the Economic and Financial Reforms Unit (EFRU) within the Finance Division. According to a notification issued by the Finance Divis...