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Brazil today: Supreme Court feud and gang defiance shake 2026 race
Markets• Sep 06

Brazil today: Supreme Court feud and gang defiance shake 2026 race

A widening Supreme Court feud over the Banco Master scandal and a presidential candidate defying a gang campaign ban are reshaping Brazil's political landscape.

Renan Santos Defies Red Command Campaign Ban in Fortaleza
Politics• Sep 06

Renan Santos Defies Red Command Campaign Ban in Fortaleza

Brazilian presidential candidate Renan Santos challenged a campaign ban by the Red Command drug faction, holding a motorcade in a tense Fortaleza neighborhood.

Brazil Banco Master Scandal Reshapes 2026 Race and Court Reform
Politics• Sep 06

Brazil Banco Master Scandal Reshapes 2026 Race and Court Reform

Leaked texts between a jailed banker and Justice Alexandre de Moraes fuel conservative impeachment demands and force President Lula to propose judicial reform.

Lula and Flávio Bolsonaro Locked in Tight 2026 Race as Undecided Voters Vanish
Politics• Sep 06

Lula and Flávio Bolsonaro Locked in Tight 2026 Race as Undecided Voters Vanish

A new September 2026 Quaest poll shows a tightening Brazilian presidential election, with Lula and Flávio Bolsonaro in a statistical tie for the runoff.

Brazil Lula Clinches Key Wins but Labor and Security Reforms Shelved
Politics• Sep 06

Brazil Lula Clinches Key Wins but Labor and Security Reforms Shelved

President Lula secured critical legislative victories in Brazil's Congress, but major labor and public security reforms are frozen until after the 2026 elections.

Bolsonaro Challenger Proposes R$190 Billion Fiscal Cut and 20-Year Legal Stability for Investors
PROPolitics• Sep 06

Bolsonaro Challenger Proposes R$190 Billion Fiscal Cut and 20-Year Legal Stability for Investors

Senator Flávio Bolsonaro's presidential platform targets a 1.5% GDP cut, a new fiscal framework, and Judiciary spending.

Brazil’s Presidential Race Hinges on Contrasting, Criticized Fiscal Plans
Politics• Sep 06

Brazil’s Presidential Race Hinges on Contrasting, Criticized Fiscal Plans

Lula and Flávio Bolsonaro offer starkly different fiscal strategies to tackle Brazil's rising public debt, but neither plan satisfies economists.

New CSN CEO Launches Major Asset Sale to Slash R$42.1 Billion Debt
PROMarkets• Sep 06

New CSN CEO Launches Major Asset Sale to Slash R$42.1 Billion Debt

Brazilian conglomerate CSN's new chief, Fabio Schvartsman, moves to sell its core cement division and German steel plant to cut massive debt.

Tightening Brazil Election Race Pushes Brazilian Real Stronger Against the Dollar
Currencies• Sep 06

Tightening Brazil Election Race Pushes Brazilian Real Stronger Against the Dollar

The Brazilian Real appreciated significantly as the presidential race between Lula and Flávio Bolsonaro narrows, reducing political risk premium.

Brazil’s Next President Must Find R$350 Billion Fiscal Effort to Stabilize Debt
Politics• Sep 05

Brazil’s Next President Must Find R$350 Billion Fiscal Effort to Stabilize Debt

Analysts warn that Brazil's next president, whether Lula or Bolsonaro, must implement a 2.5% of GDP fiscal effort to stabilize the national debt.

Presidential Candidate Augusto Cury Failed to Declare Five Companies, Including Three in Florida, to TSE
Politics• Sep 05

Presidential Candidate Augusto Cury Failed to Declare Five Companies, Including Three in Florida, to TSE

Brazilian presidential candidate Augusto Cury, who declared the largest patrimony, omitted five companies from his required asset list.

Institutional Crisis Roils Brazil’s Supreme Court as Election Battle Lines Harden
PROMarkets• Sep 05

Institutional Crisis Roils Brazil’s Supreme Court as Election Battle Lines Harden

Brazil's Supreme Court plunges into a constitutional crisis amid a banking scandal probe, while Congress sets the stage for a polarized presidential election.

Lula Decrees Impose Bank-Like Governance on Big Tech, Face Immediate Fight in Brazilian Congress
PRONASDAQ• Sep 05

Lula Decrees Impose Bank-Like Governance on Big Tech, Face Immediate Fight in Brazilian Congress

President Lula's new decrees implement a 'duty of care' and financial-sector-like governance on Big Tech in Brazil, immediately facing a fight in Congress.

Brazil Labor Unions Mobilize to Force Vote on 40-Hour Work Week Before Election
PROPolitics• Sep 05

Brazil Labor Unions Mobilize to Force Vote on 40-Hour Work Week Before Election

Unions ramp up pressure on Senate President Davi Alcolumbre to vote on a constitutional amendment to reduce the work week.

Datafolha Poll Shows 57% of Brazilian Voters Decided Early, Signaling Deep Polarization
Politics• Sep 05

Datafolha Poll Shows 57% of Brazilian Voters Decided Early, Signaling Deep Polarization

New Datafolha polling reveals an unusually high level of voter determination ahead of Brazil's presidential election, pointing to a highly polarized electorate.

US Tariff Threat Becomes Central Political Weapon in Brazil’s Presidential Election
Politics• Sep 05

US Tariff Threat Becomes Central Political Weapon in Brazil’s Presidential Election

The threat of a 50% US tariff on Brazilian goods has fueled a sharp clash between President Lula and rival Flávio Bolsonaro ahead of the October vote.

Lula Calls for 'Profound Reforms' of Brazilian Judiciary Amid STF Ethics Crisis
PROPolitics• Sep 05

Lula Calls for 'Profound Reforms' of Brazilian Judiciary Amid STF Ethics Crisis

President Lula demanded structural reform of the judiciary as Supreme Court Justice Alexandre de Moraes faces a scandal involving a disgraced banker.

Former Brazil Army Commander Confirms Bolsonaro Proposed Coup Plan to Military Leaders
PROPolitics• Sep 05

Former Brazil Army Commander Confirms Bolsonaro Proposed Coup Plan to Military Leaders

General Freire Gomes testified that Jair Bolsonaro presented a draft decree to annul the 2022 election.

Ibovespa Surges 5.4% as Brazilian Market Prices In Shift Toward Fiscal Conservatism
PROPolitics• Sep 04

Ibovespa Surges 5.4% as Brazilian Market Prices In Shift Toward Fiscal Conservatism

Brazil's stock market rallied sharply on new polls suggesting a right-wing presidential victory is possible, boosting investor hopes for fiscal reform.

Brazil Presidential Candidate Ronaldo Caiado Proposes Strict STF Reform: Age 60 Minimum, 15-Year Term, Political Quarantine
Politics• Sep 04

Brazil Presidential Candidate Ronaldo Caiado Proposes Strict STF Reform: Age 60 Minimum, 15-Year Term, Political Quarantine

Presidential hopeful Ronaldo Caiado is proposing a constitutional reform to limit STF justices' power and prevent political entanglement.

Brazil Senate Delays 40-Hour Work Week Vote Until After October Elections
Politics• Sep 04

Brazil Senate Delays 40-Hour Work Week Vote Until After October Elections

Senate President Davi Alcolumbre postponed the vote on a constitutional amendment to reduce the maximum work week.

Lula’s 2026 Platform Signals Shift to Economic Nationalism, Prioritizing ‘Sovereignty’ and State-Led Development
PROPolitics• Sep 04

Lula’s 2026 Platform Signals Shift to Economic Nationalism, Prioritizing ‘Sovereignty’ and State-Led Development

President Lula's new political blueprint for Brazil emphasizes state control and reduced foreign influence, replacing his 'reconstruction' narrative.

Brazil Senate President Aims to Quell Supreme Court Crisis with 'Crossed Impeachment' Threat
PROMarkets• Sep 04

Brazil Senate President Aims to Quell Supreme Court Crisis with 'Crossed Impeachment' Threat

Senate leader uses threat of dual impeachment to deter action against STF justices, raising political risk over abuse of authority claims.

Lula Sanctions New Funding Mechanism for Brazilian Justice System Amidst Calls for Deep Judicial Reform
Politics• Sep 04

Lula Sanctions New Funding Mechanism for Brazilian Justice System Amidst Calls for Deep Judicial Reform

President Lula approved new laws centralizing funds for courts and public defenders, a move tied to his push for judicial reform.

STF President Fachin Intervenes to Isolate Crisis Between Justices Moraes and Mendonça
Politics• Sep 04

STF President Fachin Intervenes to Isolate Crisis Between Justices Moraes and Mendonça

Brazil’s Supreme Court President separated an investigation request to de-escalate an unprecedented public conflict between two key justices.

Brazil’s Supreme Court Votes to Tax Foreign Subsidiary Profits, Even if Undistributed
PROPolitics• Sep 04

Brazil’s Supreme Court Votes to Tax Foreign Subsidiary Profits, Even if Undistributed

Brazilian multinationals face higher tax burden as STF allows taxation of foreign subsidiary profits on an accrual basis, overturning prior legal shield.

Revival of Brazil’s Controversial CPMF Tax Proposed by Minor Presidential Candidate
PROPolitics• Sep 03

Revival of Brazil’s Controversial CPMF Tax Proposed by Minor Presidential Candidate

A candidate in Brazil's election proposes reviving the CPMF financial transaction tax, raising a low-probability, high-impact policy risk.

Brazil Election Policy Divide Puts Petrobras, State-Owned Giants on Sale Block
PROPolitics• Sep 03

Brazil Election Policy Divide Puts Petrobras, State-Owned Giants on Sale Block

A stark contrast between President Lula’s state-led model and the opposition’s radical privatization plans dominates the 2026 Brazil election.

Brazil’s High Interest Rates to Persist as Election Campaigns Fail to Detail Fiscal Adjustment
Politics• Sep 03

Brazil’s High Interest Rates to Persist as Election Campaigns Fail to Detail Fiscal Adjustment

Presidential candidates' vague economic plans increase sovereign risk, forcing the Central Bank to hold Brazil’s Selic rate high.

Lula Advisor Celso Amorim Warns Congress of US Intervention in Brazil Election, Citing Monroe Doctrine
Politics• Sep 03

Lula Advisor Celso Amorim Warns Congress of US Intervention in Brazil Election, Citing Monroe Doctrine

Tensions rise as Lula's top advisor warns the US is using its historic Monroe Doctrine to justify meddling in the upcoming presidential election.