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458 results for “pt”
Lula Government Abruptly Bans Online Betting, Revoking Market Regulation Days Before Election
Brazil's President Lula signed an executive order banning all online sports betting and casinos, creating massive regulatory uncertainty for foreign investors.
Lula Bans Online Betting via Provisional Measure, Halting Multi-Billion-Dollar Industry Just Before Election
President Lula signs an MP to ban online betting in Brazil, immediately disrupting a recently regulated sector ahead of the October 4th vote.
Brazil Central Bank Mandates Reporting on $10,000+ Self-Custody Crypto Transfers
Brazil's BCB requires virtual asset service providers to report all crypto transfers exceeding $10K to/from self-custody wallets, starting October 1.
Brazil’s Inflation Surprise Threatens Central Bank’s Rate-Cut Path
Brazil’s preliminary September inflation rate unexpectedly rose to 0.70%, complicating the Central Bank's strategy of consecutive Selic rate cuts.
Brazil’s Tax Reform Forces Small Businesses to Choose a Complex ‘Hybrid Regime’
Small businesses in Brazil’s simplified tax system face an immediate deadline to opt into a new hybrid regime, risking commercial viability if they remain on the current system.
Brazil's Public Debt Hits 82.5% of GDP, Highest Level Since 2021, Constraining Next President
Brazil's gross public debt reached 82.5% of GDP in July 2026, forcing a prolonged period of high interest rates and limiting the policy options for the next administration.
Mercado Livre Enters Brazil’s Prescription Drug Market, Targeting High-Growth GLP-1 Category
Latin America's largest e-commerce platform has begun selling GLP-1 weight-loss drugs and antibiotics in Brazil, causing major pharmacy chain stocks to fall.
Brazilian Retail Investors Push Global Stock Access to R$1 Billion Daily
Trading volume for Brazilian Depositary Receipts, which allow local investors to access global stocks, has surged past R$1 billion daily on the B3 exchange.
Bolsonaro-Moraes Jet Scandal Deepens as CNJ Cancels R$4.7 Billion in Payments Linked to Corrupt Scheme
A deepening judicial scandal, featuring a shared jet and a massive anti-corruption action, rocked Brazil's political class weeks before a tight election.
Mercado Livre Enters Prescription Drug Sales, Sends Brazilian Pharmacy Stocks Tumbling
Latin America’s e-commerce giant, Mercado Livre, will begin selling prescription drugs requiring a retained medical script in Brazil, including GLP-1 weight-loss pens and antibiotics, causing competitor stock prices to fall sharply.
Brazil Judicial Council Raids Federal Judge Over R$427 Million Corruption Probe
Brazil's CNJ targeted Federal Judge Newton Ramos in a corruption probe, seizing data over a massive contract for his wife's law firm from ex-banker Daniel Vorcaro, who allegedly called them the 'KN Gang.'
Brazil’s Landmark Dual VAT Reform Begins Seven-Year Transition to Simplify Taxation
The long-awaited structural shift in Brazil's tax system began in 2026 with a dual-VAT test phase, replacing five complex consumption taxes over seven years.
Tax-Exempt Imports Surge 74%, Putting Brazilian Manufacturers on Defense
International e-commerce purchases soared in August after a federal tax cut, creating a conflict between consumer benefit and a struggling local industry.
Brazil Supreme Court Feud Over 'Caso Master' Eviscerates Judicial Credibility
The public clash between two top judges in Brazil's Supreme Federal Court over a corruption case is seen by analysts as a crisis of politicization that is raising Brazil’s country risk premium.
Brazilian Real Volatility Spikes as Lula Regains Narrow Lead in Election Poll
Political uncertainty ahead of Brazil's presidential election sent the Real to its highest level against the dollar since August, prompting a currency market intervention by the Central Bank.
Brazil’s ‘Pix Automático’ Goes Live, Replacing Clunky Direct Debit and Challenging Card Networks
The Central Bank of Brazil launched Pix Automático in June 2025, enabling automated recurring payments via the instant Pix system, which cuts costs for businesses and democratizes subscription billing.
Santander Exchange Offer Forces Brazilian Shareholders to Choose Global Exposure
Spanish bank Banco Santander is advancing a voluntary offer for the 10% of Santander Brasil it does not own, asking minority investors to swap local shares for BDRs of the global entity.
JBS S.A. Seeks Formal Delisting in Brazil, Completing Shift to Netherlands-Based Global Structure
The world's largest meatpacker, JBS S.A., has filed a request with Brazil’s CVM to cancel its public company registration, formalizing a consolidation under its Dutch-based parent, JBS N.V.
Petrobras Redeems $1.1 Billion in Dollar Bonds, Cutting International Debt Years Early
Brazil's state-controlled oil giant Petrobras is paying back $1.092 billion in global bonds due in 2028, a move that demonstrates its robust cash flow and commitment to reducing its foreign-currency financial risk.
Brazil Supreme Court Crisis Escalates Over R$4.7 Billion 'Precatórios' Scandal and Alleged Influence-Peddling
A deepening crisis at Brazil's Supreme Court, centered on a R$4.7 billion federal debt scandal and influence allegations involving Justice Alexandre de Moraes, has drawn warnings from the Finance Minister about investor credibility.
Brazil Tax Reform’s New Consumption Tax Creates Tax Burden Risk for Software Sector
The shift to a dual-VAT system (IBS/CBS) in Brazil’s tax reform is set to disproportionately affect software and services companies whose main cost, payroll, generates few tax credits.
Speculators Hold Massive Net-Long Position in Chicago Soybeans as Brazil Eyes Record Harvest
Large financial traders held a net-long position of 261,183 contracts in CBOT soybeans on September 15, influencing prices for the Brazilian sector.
Political Scrutiny Intensifies Over Banco Master Amid Probe into High-Level Connections
An ongoing Federal Police investigation into Banco Master and its former head, Daniel Vorcaro, is causing political fallout in Brasília as reports emerge of his ties to top judicial and political figures.
Speculative Traders Place Major Bets on Soybean Prices as Brazil Planting Season Begins
Non-commercial traders on the Chicago Board of Trade held a net-long position of 261,183 soybean contracts as of September 15, indicating strong bullish sentiment for the commodity that dominates Brazil's export economy.
International Investors Pull Nearly $6 Billion from Brazil in Early September
Preliminary Central Bank data shows a net negative foreign exchange flow of US$5.987 billion in the first 11 days of September, driven almost entirely by the financial channel.
Brazil Authorities Seize R$100 Million in Assets, Including Crypto, in Major Smuggling and Money Laundering Crackdown
A joint operation by Brazil's Federal Revenue and Federal Prosecutors' Office targeted a criminal organization that allegedly used cryptocurrencies to launder R$300 million from smuggling Arabian perfumes from Paraguay.
Speculators Scale Back Bullish Bets on Soybeans as Brazil Prepares for New Planting Season
Non-commercial traders held a net-long position of 261,183 contracts in Chicago soybean futures on Sept. 15, a sign of reduced optimism.
Brazil’s Ruling Party Petitions Supreme Court to Audit Flávio Bolsonaro Amendments Over Militia Link
The leader of Brazil's ruling PT party in the Chamber of Deputies has asked the Supreme Court to audit all parliamentary amendments allocated by Senator Flávio Bolsonaro since 2019, citing reports of a negotiation with a convicted figure tied to Rio militias.
Vale CEO Calls Base Metals IPO a 'Long-Term Option,' Not a Near-Term Priority for Growth
Miner Vale confirms its copper and nickel unit will fund its ambitious expansion organically, pushing a potential IPO far out.
Final Quaest Poll Measures STF Scandal Impact on Tight Brazil Election Race
Brazil's latest Quaest poll, due today, will test how the STF corruption scandal has shifted the tight Lula-Bolsonaro presidential race.