81.  Industrial state companies will no longer be able to hide behind high tariffs and other barriers.

82.  It favors a program to sell off money-losing state companies and talks of building a political system based on parties, not personalities.

83.  It also would require the government to pay Gazprom billions of rubles for oil and gas that government agencies and state companies purchase but never pay for.

84.  It would be the largest sale of a state company ever in Latin America.

85.  It would be the first international credit for the state company.

86.  It would be the largest sale of a state company in Latin America.

87.  Large state companies often suffer the most on days when the Brazilian market has sharp declines, since their shares are the easiest to buy and sell.

88.  Large state companies that are liquid, or the easiest stocks to buy and sell, also declined.

89.  Large state companies often suffer the most on days when the Brazilian market has sharp declines, as their shares are the easiest to buy and sell.

90.  Last year, for instance, the World Bank published a report calling for the introduction of a nationwide pension program to ease the burden of state companies.