Search
1070 results for “PL”

Brazil’s Central Bank Data Shows PIX Transactions Plummet 10% After Betting Ban
The volume of instant payment transactions fell sharply in Brazil after the government banned sports betting, revealing the industry's massive scale.

Brazil’s Job Growth and Political Fights Set Stage for Central Bank’s Next Rate Decision
Brazil’s unemployment hits a record low, intensifying a debate between growth and inflation as political and regulatory friction persists.

Brazil Regulator ANVISA Blocks Mercado Livre Medicine Sales, Demanding Proof of Compliance
Brazil's health regulator, ANVISA, ordered e-commerce giant Mercado Livre to halt its new medicine sales vertical until the company proves its regulatory compliance with national pharmacy rules.

Lula’s Pre-Election Fiscal Pledge Fails to Ease Brazil’s Market Debt Anxiety
Brazilian President Luiz Inácio Lula da Silva stressed a commitment to fiscal stability days before the election, but investors remain unconvinced the government can curb rising public debt under the current spending rule.

Lula Sanctions New Law Shielding Brazil Farm Subsidies from Budget Cuts
President Lula approved a new legal framework for rural insurance, making the subsidy program budget mandatory to ensure funding stability for the agriculture sector.

Brazil’s Presidential Rivals Agree on Data Center Boom, Split on Clean Energy Mandate
Political consensus on a new tax break to attract data centers highlights a national debate over the use of environmental policy to drive economic development.

Brazil's Unemployment Hits Record Low of 5.3%, But Informality Keeps Nearly 39 Million Workers Off The Books
Brazil's jobless rate fell to 5.3% in the three months to August 2026, a series low, but the country's employment record is clouded by a high share of informal work.

Brazil’s Regulator Pushes Gas Market Deregulation, Setting Up Clash with Petrobras
Brazil's ANP has launched a mandatory 'gas release' program to break Petrobras's dominance and lower industrial costs, meeting strong resistance.

Brazil’s Highest Labor Court Rules Caixa Strike ‘Non-Abusive,’ Bars Wage Discounting
Brazil's Superior Labor Court (TST) sided with employees of state-owned bank Caixa Econômica Federal, declaring their strike legal and protecting them from pay penalties, setting a precedent for public sector labor disputes.

Strong Brazil Job Creation in August Heightens Caution for Central Bank Rate Cuts
Brazil's formal labor market added a net 165,827 jobs in August, complicating the central bank's effort to lower the benchmark Selic rate.

Brazil’s 33% Tax-to-GDP Ratio is a ‘Self-Imposed Tariff’ Killing Global Competitiveness, Says Economist Marcos Troyjo
Former BRICS Bank President Marcos Troyjo argues Brazil's high and complex tax burden acts as a disincentive for foreign direct investment.

Simone Tebet Sues Bolsonaro Son for 'Political Violence Against Women'
Senate candidate Simone Tebet filed a criminal complaint against Eduardo Bolsonaro after he insinuated she 'prostitutes herself for office' on social media, leading to a court-ordered removal of the video.

Shein’s Global Logistics Squeeze Puts Focus on Risky Brazil Localization Push
Fast-fashion giant Shein saw its adjusted profit margin plunge in Q2 2026, driven by soaring fulfillment costs, putting pressure on its Brazil localization plan.

Brazil’s Central Government Primary Deficit Hits Five-Year Best for August
Brazil’s central government recorded a better-than-expected primary deficit of R$ 13.6 billion in August, driven by record tax revenue.

Dry Spell Risks Delay to Brazil Soybean Planting in Key Western Bahia Region
Low rainfall in Luís Eduardo Magalhães, a major soy hub in Bahia's Matopiba region, is stressing the critical early stages of the 2026/27 Brazil soybean planting.

New Tax Exceptions Emerge, Immediately Testing Brazil's Landmark Tax Reform Simplification
Sector-specific tax exemptions, such as 'Redata' for data centers, are threatening to reintroduce complexity and undermine the core goals of Brazil's historic 2023 consumption tax overhaul.

Gerdau Chairman Warns Crippling Imports Push Brazil Steel Capacity to Unsustainable Lows
Brazil’s largest steelmaker, Gerdau, said the domestic industry is operating at 60-65% capacity due to subsidized Chinese imports, risking long-term investment.

Brazil’s Paradox: Record Employment and Record Delinquency Hit Simultaneously
Brazil's economy sees an unprecedented low 5.3% unemployment rate while a record 83.9 million people are delinquent on debts, highlighting poor job quality and household credit stress.

Brazil Central Bank Expands Corporate FX Accounts, Closes Stablecoin Payment Loophole
The Banco Central do Brasil is modernizing its foreign exchange rules, easing currency management for exporters while explicitly banning stablecoins for settlement in the popular electronic FX channel starting October 1.

Speculators Bet Big on Soybeans as Brazil’s Critical Planting Season Starts Slowly
Non-commercial traders on the Chicago Board of Trade held a massive net-long position in soybeans as of September 22, signaling strong bullish sentiment for the commodity crucial to Brazil’s economy.

Sector-Specific Tax Breaks Complicate Brazil’s VAT Reform Promise of Simplicity
Less than a year after passing its landmark tax reform, Brazil's Congress has introduced new sector-specific exemptions, notably for data centers, raising concerns that the country is retreating toward its old 'fiscal war' tax system.

Failed R$8.5 Billion Rondônia Water Auction Exposes Structural Risk in Brazil’s Infrastructure Plan
An R$8.5 billion water and sewage concession in Rondônia failed to attract any bids, highlighting the high regulatory and economic risks threatening Brazil's sanitation goals.

Brazil’s Economic Paradox: Record Employment Collides with Record Consumer Debt Defaults
Brazil's unemployment rate hits a historic low of 5.3%, but a record 6.6% consumer credit default rate signals major fragility in household finances.

Brazil's Tax System Failure Hits Small Businesses Days Before Critical Tax Reform Deadline
Widespread instability on the gov.br and Receita Federal portals on Monday threatened the September 30 deadline for small businesses to opt into new tax rules.

Large Speculators Take Extreme Net-Long Bet on Soybeans, Highlighting Supply Risk for Brazil
Large financial traders hold a massive net-long position in soybean futures, signaling an expected price jump for the critical Brazilian export.

Presidential Candidates Threaten Brazil's Landmark Tax Reform with Revision Proposals
Leading candidates in the Brazil presidential election, including Flávio Bolsonaro, are proposing revisions to the newly implemented tax reform, raising fiscal uncertainty.

R$411 Billion Pre-Election Spending Package Puts Fiscal Discipline at Center of Brazil Election
The Lula administration's massive spending plan, aggregated by critics to R$411 billion, fuels debate over Brazil's long-term fiscal health.

Afya Shares Sink as Merger Plan Forces Nasdaq Exit for Brazil’s B3
Afya Limited stock fell over 5% as its merger with Yduqs will end its unique Nasdaq listing, forcing investors to convert to Brazilian shares.

Dry Spell Halts Soybean Planting in Key Brazilian Frontier, Raising 2026/27 Crop Stress Risk
A five-day dry spell in Luís Eduardo Magalhães, Bahia, is forcing farmers to pause Brazil soybean planting, threatening the start of the 2026/27 harvest.

Sigma Lithium Drops 4% on Nasdaq Amid Persistent Legal Cloud Over Brazil Mine
Shares of Brazilian lithium producer Sigma Lithium fell sharply today as investors weigh the risk from an ongoing legal challenge over its Minas Gerais mine.