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404 results for “lula”
US Tech Firms Freeze Billions in Brazil Data Center Investment Pending Election Outcome
Hyperscale companies are holding back crucial AI infrastructure spending in Brazil, citing high political risk ahead of the country's October election.
Tied Brazil Election Polls Drive Risk Premium, Complicating Central Bank’s Rate Cut Cycle
A statistical tie between Lula and Flávio Bolsonaro caused Brazil's Real and Bovespa to slide, adding political risk to the economy.
Lula to Open UN General Assembly with Call for Security Council Reform and Warning Against Election Interference
Brazil's President Lula will use UN platform to push for Global South power and caution US against meddling in his re-election bid.
Lula Declares Brazilian Sovereignty 'Non-Negotiable' in Return to UN General Assembly
President Luiz Inácio Lula da Silva used his 2023 address to the UN General Assembly to champion democracy and Global South leadership, positioning Brazil as a key player after four years of diplomatic absence.
Photo of Brazil's Top Prosecutor with Banker in Major Fraud Scandal Deepens Judiciary Crisis
The emergence of a photo showing Prosecutor General Paulo Gonet with businessman Daniel Vorcaro contradicts Gonet's testimony, escalating a scandal that has already implicated Supreme Court ministers.
Tight Polls Drive Brazilian Real Volatility as Political Risk Premium Surges
The Brazilian Real and local equities face sustained volatility as presidential election polls tighten, forcing investors to price in a higher political risk premium tied to future fiscal policy.
Lula Threatens to 'End' Brazil's Regulated Sports Betting Sector
President Luiz Inácio Lula da Silva escalated his rhetoric against online sports betting, calling it a "disease" and threatening to abolish the sector his government recently regulated, creating policy uncertainty for a multi-billion real industry.
Brazil’s Top Electoral Court Admits Suit Seeking to Invalidate Lula-Alckmin Presidential Ticket
The Superior Electoral Court (TSE) formally admitted a lawsuit from rival Flávio Bolsonaro seeking to revoke President Lula and Vice-President Alckmin's ticket over a 2026 Carnival parade.
Petrobras Pressures Lula Government to Block Regulator’s Natural Gas Competition Plan
Brazil's state-controlled oil company Petrobras is lobbying the government to stop the ANP regulatory agency's plan to mandate competition in the natural gas sector, raising governance concerns.
Lula’s Election Push Drives R$10 Billion Fuel Subsidy as Banking Scandal Engulfs Brazil’s Justice System
Brazil’s election countdown is marked by a multi-billion-real fuel subsidy, a deepening Supreme Court crisis, and a tax deadline for small firms.
Lula Avoids Supreme Court Crisis Topic at UN as Institutional Tensions Fuel Brazil’s Political Risk
President Luiz Inácio Lula da Silva will exclude Brazil's deepening judicial crisis from his UN speech, classifying the STF conflict as an internal matter.
Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion
Brazil's state-controlled oil company raised diesel prices by R$1.00/liter, but a new government subsidy immediately offset the increase.
Lula Announces Welfare Hike, Free Weight-Loss Injections While Threatening to Ban Regulated Betting Ahead of Election
President Lula made a series of fiscally significant and politically charged announcements, including a 15% Bolsa Família increase and a threat to shut down the newly regulated online gambling industry, two weeks before Brazil's presidential election.
Brazil's Sovereign Risk Hits Lowest Level Since Pre-Pandemic Era
The cost of insuring Brazil’s sovereign debt has fallen to 110.62 basis points, the lowest level since February 2020, signaling greater foreign investor confidence.
Lula Government Moves to Ban Online Casinos and Impose Sweeping Restrictions on Sports Betting
Brazil’s federal government is preparing a Provisional Measure to ban online casino games and severely restrict sports betting advertising, citing rising household debt.
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.
Lula and Flávio Bolsonaro Locked in Statistical Tie for 2026 Brazil Presidential Election
Recent Datafolha and BTG/Nexus polls confirm a statistical tie between President Lula and Senator Flávio Bolsonaro, raising political uncertainty ahead of the October vote.
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.
Morgan Stanley Warns Brazil's Post-Election Fiscal Confidence May Underprice Real Risk
Analysts at Morgan Stanley caution that market confidence in a limited fiscal adjustment after the October 2026 election is dangerously high, warning a lack of a credible spending plan could trigger a severe crisis for the Brazilian Real and interest rates.
Supreme Court Upholds Lula’s Pre-Election Welfare Hike, Intensifying Fiscal Debate
Justice Gilmar Mendes validated a 15% increase to the Bolsa Família welfare program, reviving market concerns over Brazil’s fiscal integrity ahead of elections.
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.
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.
US Pressure Campaign on Brazil’s Supreme Court, Election Tied to Trade Tariffs
Diplomatic sources indicate the US sought judicial guarantees and 'dissident' protection as conditions to lower tariffs, injecting geopolitical risk into the Brazil election.
Lula Re-Election Plan Prioritizes New Security Ministry and Real Minimum Wage Hikes
President Lula da Silva's re-election platform proposes a new Ministry of Public Security and a policy of guaranteed real increases to Brazil's minimum wage.
STF Minister Gilmar Mendes Validates 15% Bolsa Família Boost Weeks Before Brazil Election
Supreme Federal Court Minister Gilmar Mendes ruled that the 15.04% adjustment to the Bolsa Família welfare program does not violate electoral law.
Lula Escalates Sovereignty Rhetoric Over Brazil's 'New Pre-Salt' Oil Frontier
Brazil's President Lula is framing the development of the Equatorial Margin oil reserves as a crucial test of national sovereignty and a defense against foreign interests.
Lula’s R$691 Welfare Hike Faces Constitutional Showdown as Audit Court Prosecutor Seeks Suspension
Brazil's Attorney General has asked the Supreme Court to validate a 15.04% increase to the Bolsa Família program after the Federal Audit Court's prosecutor challenged the measure as fiscally irresponsible.
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.
Petrobras Challenges Regulator’s ‘Gas Release’ Plan, Threatening Brazil’s Market Liberalization
Brazil's state-owned oil giant Petrobras is actively pushing back against the ANP's proposal for mandatory gas sales, a move that could derail the country's years-long effort to reduce high industrial energy costs and introduce competition.
Brazil Supreme Court Crisis Deepens Over Corruption Allegations and Judicial Feud
An unprecedented conflict within Brazil's Supreme Court over a massive banking scandal is fueling concerns from political risk analysts about institutional degradation.