rescue plan
Coverage of rescue plan in the Nexus archive.
- Brazil’s Correios Pauses Its Rescue Plan After Workers Threaten Strike
Brazil’s Correios paused its rescue plan, including branch closures and a public-service bonus removal, after unions threatened a strike. The hold on cost-cutting measures is effective until July 31, with the original plan aiming to shut down branches.
- A Court Orders Brazil to Fix Its Underfunded Market Watchdog
A Brazilian Supreme Court justice approved a rescue plan for the CVM, Brazil's market regulator, on July 2. The court cited over a decade of underfunding that paralyzed the agency, requiring 70% of its collected fees to be reinvested into the CVM.
- Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack
Industry leaders are investing hundreds of millions into a rescue plan for Aave users following a major crypto hack. The initiative aims to recover losses and stabilize the affected decentralized finance platform.