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594 results for “XP”
Lula Boosts Welfare, Promises Expensive Weight-Loss Drugs Weeks Before Brazil Election
President Lula announced a 15.04% increase to the Bolsa Família benefit and the inclusion of Semaglutide in the public health system, just 17 days before the first-round election.
Brazil’s Environmental Agency Approves Three New Petrobras Wells in R$7 Trillion Equatorial Margin
Brazil’s environmental regulator, IBAMA, authorized Petrobras to drill three new exploratory wells in the sensitive Equatorial Margin, a region President Lula views as a crucial economic frontier.
Brazil Central Bank Says Global Pix Expansion Is a Governance Test, Not a Tech Hurdle
The Central Bank of Brazil is moving forward with plans for "Pix Internacional," stating that regulatory governance across borders, not technology, is the chief obstacle to the system's global adoption.
Brazil's Beef Sector Projects EU Market Re-Entry in 2027 Amid Antimicrobial Ban
The Brazilian Association of Meat Exporting Industries projects beef exports to the EU will resume in the first half of 2027, following a suspension over antimicrobial use.
Speculators Hold Large Net-Long Bet on Soybeans Despite Record Brazil Crop Forecast
Non-commercial traders increased their collective bet on rising soybean prices, reporting a 261,183 net-long position as Brazil forecasts record exports.
Lula Declares Equatorial Margin the 'New Pre-Salt,' Framing Oil Push as Defense Against US Interest
Brazil's President Luiz Inácio Lula da Silva compared a new offshore oil frontier to the massive Pre-Salt reserves, tying exploration to national sovereignty and US politics.
XP Malls FII Sells R$454 Million Stake in São Paulo's Luxury Shopping Cidade Jardim to JHSF
XP Malls FII agreed to sell its 16.99% stake in the high-end Shopping Cidade Jardim to a vehicle linked to JHSF, fully valuing the key commercial real estate asset at R$ 2.67 billion.
Political and Crime Scandals Overshadow Brazil’s Economic Signals as Election Nears
A deepening Supreme Court crisis and a major organized crime probe in São Paulo dominate Brazilian politics, while Lula expands welfare and a key tax deadline looms.
Electoral Gridlock Stalls Brazil’s Congress, Leaving Major Reforms and Five Provisional Decrees in Limbo
The Brazilian legislative calendar has slowed significantly ahead of the October 2026 general election, leading to the postponement of structural policies and the expiration of Provisional Decrees.
Lula Links New Equatorial Margin Oil Frontier to Sovereignty, Warning of US Interest
President Luiz Inácio Lula da Silva called the Equatorial Margin a potential "new pre-sal," framing the exploration push by Petrobras as a defense of Brazilian sovereignty against perceived US interest.
Lula’s R$200 Billion Stimulus Falls Short, Escalating Clash with Brazil Central Bank
An election-year economic stimulus package by President Lula’s government had a lower-than-expected impact, while parallel off-budget spending pressures the Central Bank to hold the Selic rate high.
Brazil Federal Revenue Launches Official Guide to Combat Tax Reform ‘Fake News’
Brazil’s Federal Revenue Service launched a new online portal to guide taxpayers through the complex new consumption tax system and counter misinformation.
Brazil Banker Cites STF Crisis to Challenge Detention, Exposing Deep Judicial Governance Risk
The defense for ex-banker Daniel Vorcaro is using the high-profile feud between Supreme Court Justices to argue for his release, highlighting institutional instability in Brazil's judiciary.
Brazilian Real Falls as Pre-Election Welfare Boost Spurs Fiscal Anxiety
Brazil's Central Bank launched an emergency $1 billion dollar auction to stabilize the real after an unexpected 15% increase to the Bolsa Família social program raised investor fears over the country's fiscal stability just weeks before a critical presidential election.
Brazil Regulator Nears Final Ruling on Blockchain Infrastructure for Tokenized Securities
Brazil's CVM is reviewing a proposal for an experimental regime that will define custody and settlement rules for DLT-based financial products.
Brazil’s Petrobras Expands Global Exploration with Eight Offshore Blocks in Ivory Coast
Brazil’s state-controlled oil giant Petrobras signed production-sharing contracts for eight exploratory blocks off the coast of Côte d'Ivoire, securing a new deepwater exploration frontier.
Fiscal Challenge to Lula's Welfare Expansion Puts Brazil’s Budgetary Adequacy Under TCU Scrutiny
The Public Prosecutor’s Office at the Federal Court of Accounts requested an injunction to suspend President Lula’s decree raising the Bolsa Família benefit, citing a lack of budgetary provision and fiscal impact analysis.
Speculative Bets on Global Soybean Price Hit Highs, Bolstering Brazilian Agriculture Outlook
Financial traders increased their net long position on Chicago Board of Trade soybean futures to 273,424 contracts as of September 8, signaling strong global price bullishness that affects Brazil's massive export sector.
Brazilian Beef Industry Pushes for Swift EU Market Re-Entry Following Antimicrobial Ban
Brazil's beef exporters expect the EU to lift its import ban, but are lobbying for a transition rule to bypass the strict, retroactive traceability requirement.
Brookfield Deepens Brazil Infrastructure Bet with $270M Logistics Buy and $1B Data Center Capital Raise
Brookfield confirms a R$1.4 billion acquisition of Brazilian logistics parks while its joint venture, Ascenty, seeks a new partner to raise US$1 billion for data center expansion.
Speculative Bets on Soybean Prices Near Record Highs as Brazil Dominance Continues
CFTC data shows non-commercial traders are heavily net-long in CBOT soybean futures, signaling bullish expectations for the global commodity driven by strong Brazilian supply and export demand.
Public Infighting Among Justices Exposes Deep Crisis in Brazil Supreme Court Ahead of Election
Justices Flávio Dino and President Edson Fachin publicly clashed over procedural rules during a high-stakes corruption hearing focusing on colleague Alexandre de Moraes.
Brazil’s Central Bank Cuts Selic Rate to 13.75%, Boosting Retail and Construction Prospects
Brazil’s central bank, Copom, cut the benchmark Selic interest rate by 0.25 percentage points to 13.75% per annum, a move expected to stimulate the highly rate-sensitive retail and civil construction sectors.
Large Speculators Take Significant Net-Long Bet on Soybeans, Impacting Brazil’s Agricultural Outlook
US large speculators held a net-long position of 273,424 soybean futures contracts, a sentiment that translates to higher price expectations for Brazil’s record crop.
Brazil Delivery Giant iFood Commits R$24 Billion to Ecosystem Expansion, Prioritizing AI and Fintech
iFood, the dominant Brazilian delivery platform, announced a R$24 billion investment through March 2027, focusing on AI development, fintech growth, and non-restaurant verticals.
Dual Central Bank Decisions Place Brazilian Real’s High-Yield Carry Trade Under Immediate Threat
The Brazilian Real's appeal to foreign investors is set for a pivotal test as the BCB's Copom and the US Federal Reserve are both expected to announce decisions that will narrow the critical interest rate differential on September 16, 2026.
Brazil Central Bank Poised for Final Selic Cut as Political Tensions Complicate Real’s Outlook
Copom is expected to cut the Selic rate to 13.75% as inflation slows, but a tightening election race against a fiscally conservative candidate is strengthening the Brazilian Real.
Brazil’s Central Bank Set for Selic Cut, but Caution on Inflation Clouds Long-Term Bond Outlook
Brazil’s Central Bank is expected to cut the benchmark Selic interest rate to 13.75%, but its forward guidance will be scrutinized for signals on future cuts given long-term inflation concerns.
BlackRock Launches Tax-Efficient ETF for Coupon-Bearing Brazilian Government Bonds
The world's largest asset manager is expanding its German-domiciled UCITS line to offer international investors tax-advantaged access to high-yielding Brazilian Real debt.
Lula Sanctions Redata Tax Break, Luring Billions to Brazil's Digital Infrastructure
President Luiz Inácio Lula da Silva enacted a new tax regime to incentivize international investment in Brazil's rapidly expanding data center sector.