VOICED : Congreso brasileño aprueba proyecto para privatizar Eletrobras

The Brazilian Chamber of Deputies approved the privatization of Eletrobras, the largest electric company in Latin America, with 258 votes in favor and 136 against. The privatization will involve issuing new shares to reduce the state's stake from 51.8% to 45%, while retaining a golden share for strategic decisions. Opponents warn of potential electricity price hikes and threats to national sovereignty. The government argues that privatization will prevent chaos in the energy system and reduce electricity bills by up to 7.4%. Since the privatization plan was announced, Eletrobras shares have risen over 40% on the Sao Paulo Stock Exchange.

What new insight or understanding did you gain from this video?