Tarcísio Takes a US$1 Billion Loan Fight to the Supreme Court
São Paulo Governor Tarcísio de Freitas has taken a dispute over a R$5.45 billion (about US$1.01 billion) loan to Brazil's Supreme Federal Court. The state wants a federal guarantee for credit from Banco do Brasil to fund metro lines and highways, and argues the Finance Ministry led by rival Fernando Haddad is stalling a routine approval. The ministry says the request is following the regular…
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