STXNEWS LATAM-Triunfo Participações disputes Brazil road concession

Mon Sep 30, 2013 6:48pm EDT

Triunfo Participações is contesting the results of a Sept. 18 road auction in Brazil that awarded a concession to operate part of the BR-050 highway to Consorcio Planalto, according to a statement on Brazil's National Transportation Agency (ANTT's) website on Monday.

Triunfo had the No. 2 bid for the first of nine road concessions to be auctioned in Brazil.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.