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377 results for “Inter”

Lula Government Axes ‘Blusinhas Tax’ on US$50 Foreign E-Commerce, Reviving Political Debate
Provisional Measure zeros 20% federal import duty on low-value international purchases, reversing an unpopular 2024 policy.

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.

Brazilian Experts Warn US Big Tech Cyber Policy Could Secretly Influence October Elections
A new US presidential memo authorizing private-sector offensive cyber operations raises concerns among Brazilian experts over election interference.

Itaú Unibanco Receives Key Preliminary U.S. Approval to Launch National Bank
Brazil's largest private bank, Itaú Unibanco, has secured conditional OCC approval to form 'Itaú Bank,' expanding its U.S. services.

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 Supreme Court Expands Tech Platform Liability Beyond Content in Landmark Ruling
Brazil's Supreme Federal Court reinterpreted the Marco Civil da Internet, holding digital platforms liable for commercial and technical failures.

Brazilian Real Slides on Fiscal and Election Fears, Central Bank Intervenes to Steady Currency
Brazil's currency weakened past R$5.20 against the dollar as investors pull back due to pre-election fiscal uncertainty, prompting Central Bank intervention.

Lula Delays US Ambassador Approval Until After Election, Citing Interference Concerns
Brazilian President Luiz Inácio Lula da Silva is withholding consent for US ambassador-designate Daniel Perez until after the October election.

Lula Administration Deploys Alckmin and Durigan to Vow Fiscal Rigor, Combat Brazil Country Risk Premium
Brazil's top economic officials pledged commitment to sustainable surpluses to reduce the country's high sovereign risk and domestic interest rates.

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.

Federal Police Intercept Messages Linking Lula’s Son, Lulinha, to Lobbyist and 'Switzerland'
Brazil's Federal Police intercepted messages between President Lula’s son, Fábio Luís Lula da Silva, and a lobbyist in a new traffic of influence inquiry.

Brazil’s Electoral Court Counters Attacks with Direct Appeal to Global Diplomats
TSE President Kassio Nunes Marques defended the security of Brazil’s electronic voting system to over 100 international diplomats.

OAS Confirms Fifth Observation Mission for Brazil’s 2026 General Elections, Boosting Validation
The OAS signed an agreement with the Brazilian government to send an EOM for the October 2026 elections, mitigating political risk.

Foreign Investors Yank R$15.6 Billion from Brazil’s B3 as Fiscal Risks Re-Emerge
Foreign capital reversed sharply on Brazil's B3 stock exchange, with a R$15.6 billion net withdrawal in early August.

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.

Lula’s Son Linked to Intercepted Text Mentioning ‘Switzerland’ as Police Probe Influence Peddling
Federal Police expand probe into Fábio Luís Lula da Silva after finding a text suggesting an illicit future.

Brazilian Tech Firm LWSA Pairs New Dividend with Fifth Share Buyback Program
Locaweb Serviços de Internet, a major Brazilian tech firm, announced a R$23.4M dividend and a new 50 million share buyback.

Brazil’s Domestic Cattle Price Holds Firm Despite Sharp Drop in China Beef Export Volume
Resilient domestic cattle prices in Brazil are supported by premium international sales and surging US demand, offsetting a 16.83% export volume drop driven by China.

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.

Political Uncertainty and JPMorgan Downgrade Push Brazilian Real Past R$5.20 Mark
Investor caution over Brazil’s fiscal outlook and tightening presidential election polls is fueling currency volatility.

Fiscal Fears Overwhelm Brazil’s High Interest Rate Appeal as Real Sinks in LatAm
The Brazilian Real has become Latin America's worst-performing currency as political and fiscal uncertainty ahead of the October election override its appeal to high-yield investors.

OAS Finalizes Agreement to Send 90-Specialist Mission to Monitor Brazil’s October Elections
The Organization of American States will deploy its fifth Electoral Observation Mission to Brazil’s 2026 General Elections, reinforcing international scrutiny.

Brazil Police Uncover Plot to Attack Presidential Palace, Congress Ahead of October Election
Police probe "Operation Interrupted Network" after eight suspects plotted severe violence against government buildings in Brasília.

Lula Escalates US Diplomatic Row After Ambassador's Visa Revocation, Citing Election Interference
US revocation of Ambassador Maria Luiza Ribeiro Viotti's visa is now central to Brazil's election-year feud with the Trump administration.

Brazilian Neobank Inter & Co Stock Surges 3.4% on Re-Evaluation of Record Profit
Inter & Co. Inc. (INTR) stock rises sharply as investors re-examine the neobank's financial strength following a recent sell-off.

Brazilian Digital Bank Inter Surges on Nasdaq, Backed by Record Profitability
Brazilian fintech Inter & Co, which trades directly on the Nasdaq, saw shares climb after reporting strong second-quarter profitability.

Monetary Easing Fuels Brazilian Real Estate Funds: IFIX Rises as Select FIIs Outperform
Brazilian Real Estate Investment Funds (FIIs) are surging as the central bank cuts the Selic interest rate, driving a major recovery in real assets.

Brazil Case Forces Legal Showdown on Using ChatGPT Conversations as Criminal Evidence
A man's arrest in Espírito Santo for planning his son's murder via ChatGPT sets a precedent for defining AI conversations as legal evidence under Brazil's digital law.

Brazilian Digital Bank Inter & Co. Jumps as Investors Focus on Record Margins
Inter & Co. (INTR) stock rose 3.37% on Nasdaq as strong Q2 earnings, featuring record profitability, outweighed concerns over credit risk.