DAVOS, Switzerland—Brazil’s new President Jair Bolsonaro threw out the welcome mat for big business and foreign investors on Jan. 22, telling a summit of CEOs in Davos that his government would make the country one of the top 50 in which to do business.
Bolsonaro said he would work to open up Brazil’s relatively closed economy, reduce and simplify taxes, privatize state companies, and give his new justice minister the tools to tackle corruption.
