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Brazil’s Supreme Court Mediates R$6.6 Billion Rescue Loan to Avert State Bank Liquidation

Brazil's STF is mediating a R$6.6 billion loan from the FGC to state-owned Banco de Brasília (BRB) amid a transparency crisis.

By Marcus Wright

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Brazil’s Supreme Court Mediates R$6.6 Billion Rescue Loan to Avert State Bank Liquidation
Fabio Rodrigues Pozzebom / Wikimedia Commons (CC BY 3.0 br)

Brazil's STF is mediating a R$6.6 billion loan from the FGC to state-owned Banco de Brasília (BRB) amid a transparency crisis.

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