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178 results for “debt”
Nine Brazil Election Candidates Campaign Despite Open Arrest Warrants for Child Support Debt
Cross-referenced data shows nine candidates for the 2026 Brazilian election have active arrest warrants, all for outstanding child support.
Rio de Janeiro Seeks R$26 Billion Debt Restructure with Major Commercial Banks
Brazil's interim Governor of Rio de Janeiro moves to renegotiate R$26 billion in commercial bank debt to secure a state primary surplus.
Political Uncertainty and Fiscal Debt Fears Trigger Record Foreign Capital Flight From Brazil
Foreign investors pulled R$15.6 billion from the B3 stock exchange in August, signaling sharp anxiety over Brazil’s rising public debt and the looming 2026 election.
Fiscal Clash: Brazil’s Election Hinges on BNDES Role and Debt-Linked Spending Cap
Presidential candidates Lula and Flávio Bolsonaro present starkly different plans for Brazil's state size, BNDES, and the public debt.
Braskem Idesa Files Pre-Packaged Chapter 11, Forcing $476 Million Cash Call on Stressed Brazilian Parent
Brazilian petrochemical giant Braskem must inject $476M into its Mexican unit, Braskem Idesa, which filed for Chapter 11 to cut $920M in debt.
Flávio Bolsonaro Adds Ex-Minister, Goldman Sachs Veteran to Economic Team in Market Push
Senator Flávio Bolsonaro, the main right-wing challenger, named key market figures to his team, signaling a fiscally conservative platform.
Brazil’s Fiscal Impulse Blamed for Two-Thirds of Long-Term Interest Rate Surge
Structural fiscal concerns in Brazil, driven by spending, are responsible for 63% of the recent surge in 10-year interest rates.
Brazil Presidential Election Battle Centers on Fiscal Future, Threatening $1 Trillion Tax Reform
The clash between incumbent and opposition fiscal plans, tied to Brazil’s 81.9% public debt, puts the massive Tax Reform in political jeopardy.
Casas Bahia CEO Warns Brazil’s Credit Crunch Will Worsen in 2027
Brazilian retail giant Casas Bahia filed for judicial recovery and its CEO warned macroeconomic conditions will be tougher in 2027.
Brazil’s Paradox: Record Job Growth Masks Looming Consumer Credit Crisis
Despite a historic low unemployment rate, record household debt and 64% interest rates are suffocating Brazilian families.
Brazil’s Twin Pressures: Fiscal Fear Meets State-Led Oil Boom
Growing public debt and bank demands for clarity clash with Lula's state-led growth agenda, as Petrobras announces a major oil find.
Major Brazilian Banks Demand Fiscal Clarity as Public Debt Surges
Financial institutions are pressuring presidential candidates for a credible fiscal plan, citing debt concerns and high political risk.
Brazil’s Paradox: Record Default Surges Despite Near-Historic Low Unemployment
Brazilian family indebtedness hits a record 82%, with nearly 30% defaulting, as high Selic rates make credit costs incompatible with a low-unemployment economy.
Brazil Central Bank Rolls Over $1 Billion in FX Debt to Curb Exchange Rate Volatility
Brazil's Central Bank sold $1 billion in a line auction with a repurchase agreement to manage the rollover of short-term contracts and provide dollar liquidity.
Brazil Central Bank Chief Gabriel Galípolo Warns Unsecured Credit Risks Consumer Debt ‘Snowball Effect’
Central Bank President Galípolo flagged high-interest consumer debt, mainly credit cards, as a major risk to financial stability.
Brazil’s Soaring Debt Forces Fiscal Reckoning for Next President in 2027 Budget Debate
Brazil's rising public debt, projected to reach 81.9% of GDP, creates an explosive political choice for the next president.
Brazilian Retail Giant Casas Bahia Files for Judicial Recovery Amid R$17.3 Billion Debt Crisis
The iconic Brazilian retailer, Casas Bahia, filed for bankruptcy protection after a R$10.1 billion loss, signaling deepening strain in the consumer economy.
Brazil’s Fiscal Fight Splits Election: Lula’s Bloc Focuses on New Revenue, Bolsonaro’s on Debt-Linked Spending Cuts
Foreign investors are unnerved by the starkly contrasting fiscal proposals from Brazil's leading political blocs as they eye the country's rising sovereign debt.
Petrobras Vetoes Extraordinary Dividend Despite Record Profit, Signaling New Capital Allocation
Brazil's state-controlled oil giant Petrobras will prioritize investment and debt reduction over a large cash payout to shareholders, including the federal government.
Brazilian REIT Sells R$60 Million Distressed Debt at Steep Discount to Resolve Liquidity Crisis
Cartesia Recebíveis Imobiliários sold a non-performing asset for R$23.5 million cash, providing a template for distressed debt resolution in Brazil's large Real Estate Investment Fund market.
Rio De Janeiro Governorship Crisis Drags On as Supreme Court Prepares to Weigh Election Format
Brazil’s second-largest economy remains in political limbo months after ex-Governor Cláudio Castro’s conviction for abuse of power.
Brazil’s Casas Bahia Posts R$10.1 Billion Loss, Signals Possible Court-Supervised Restructuring
Brazilian retailer Casas Bahia reported a record R$10.1 billion Q2 net loss and is evaluating a judicial debt restructuring.
Fitch Upgrades Rio de Janeiro Credit Rating to Highest 'AAA(bra)'
Fitch Ratings has elevated the City of Rio de Janeiro's national credit rating to the highest possible level, signaling a major fiscal turnaround.
Brazil Becomes First Latin American Sovereign to Apply for Panda Bond Issuance
Brazil's Ministry of Finance formally applied to issue its first sovereign Panda Bond, seeking to raise up to 5 billion yuan.
Casas Bahia Delays Earnings Amid Mass Store Closures and Deep Financial Restructuring
Brazilian retailer Casas Bahia postponed its Q2 earnings report as it closes 298 stores and cuts 1,900 jobs to survive an acute financial crisis.
Brazilian ‘Paper FII’ Sells Defaulted Real Estate Debt for Steep Discount to Specialist Fund
A major Brazilian real estate fund offloads a defaulted R$ 60.9 million debt for R$ 23.5 million, resolving a critical liquidity crisis.
Brazil Agribusiness Lobby Blasts R$25.8 Billion Debt Relief as 'Insufficient' for Stressed Loans
Brazil's powerful agribusiness lobby rejected a R$25.8 billion rural debt package, saying the figure covers only 13% of the sector's distressed loans, signaling continued credit risk.
Brazil’s Cosan Announces NYSE Delisting, R$2.57 Billion Spin-off to Simplify Structure Under Debt Pressure
Brazilian conglomerate Cosan is delisting its ADSs from the NYSE and spinning off R$2.57B in assets to simplify its structure and tackle holding-level debt.
'Super El Niño' Threatens Brazil’s Farm Output, Amazon Logistics With Historic Climate Divide
Extreme weather, potentially surpassing the 2015-16 event, threatens a key global food supplier with drought and floods.
High Cost of Credit Penalizes Small-Cap SYN Prop & Tech Despite Strong Operations
Brazilian real estate firm SYN Prop & Tech saw net income fall 67.2% in 2Q26 as high debt costs nullified strong operating gains.