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28 results for “Brasília

Brazil Court Halts New Glyphosate Approvals for 90 Days, Elevating Risk for Agro Sector
AgroSep 12

Brazil Court Halts New Glyphosate Approvals for 90 Days, Elevating Risk for Agro Sector

A Labor Court in Brasília temporarily suspended the registration of new glyphosate-based agrochemicals, signaling heightened legal risk for Brazilian agriculture.

New Polls Map Brazil's Deepening Regional Divide Ahead of October Election
PoliticsSep 12

New Polls Map Brazil's Deepening Regional Divide Ahead of October Election

Polling shows Senator Flávio Bolsonaro dominating the conservative, agribusiness heartland while President Lula holds a narrow national lead, highlighting Brazil's extreme political polarization.

Brazil Labor Court Suspends New Glyphosate Registrations, Triggering Agribusiness Uncertainty
MarketsSep 10

Brazil Labor Court Suspends New Glyphosate Registrations, Triggering Agribusiness Uncertainty

A Labor Court in Brasília ordered a 90-day suspension on all new glyphosate registrations, mandating an environmental review.

Brazil Court Authorizes Asset Search for Ex-Bolsonaro Ally Carla Zambelli Over R$86,000 Debt
PoliticsSep 10

Brazil Court Authorizes Asset Search for Ex-Bolsonaro Ally Carla Zambelli Over R$86,000 Debt

A Federal Court in Brasília authorized a search for bank accounts and assets belonging to former federal deputy Carla Zambelli to collect on an R$86,000 debt owed to state bank Caixa Econômica Federal.

Brazil Court Suspends Registration of New Glyphosate Agrochemicals for 90 Days
AgroSep 10

Brazil Court Suspends Registration of New Glyphosate Agrochemicals for 90 Days

A Labor Court in Brasília ordered a 90-day suspension on the registration of all new glyphosate-based agrochemicals, citing health concerns and demanding impact reports from federal regulators.

Brazilian Court Suspends New Glyphosate Registrations, Citing Government’s Missed Deadline
MarketsSep 10

Brazilian Court Suspends New Glyphosate Registrations, Citing Government’s Missed Deadline

A Brasília labor court temporarily halted new registrations of the glyphosate herbicide, signaling increased regulatory uncertainty for Brazil’s key agribusiness sector.

Brazil Schedules Brasília Airport Re-Tender for December, Bundling 10 Regional Hubs in Investment Push
PROMarketsSep 09

Brazil Schedules Brasília Airport Re-Tender for December, Bundling 10 Regional Hubs in Investment Push

Brazil's government sets Dec. 17 auction for the Brasília Airport concession, requiring R$1.2bn investment and 10 regional hubs.

Bolsonaro’s Wife Holds Strong Lead in Brasília Senate Race, While PT Faces High-Stakes Tie in Bahia
PoliticsSep 09

Bolsonaro’s Wife Holds Strong Lead in Brasília Senate Race, While PT Faces High-Stakes Tie in Bahia

New polls show Michelle Bolsonaro's leverage in the capital and an intense gubernatorial battle in Lula's key stronghold.

Electoral Court Brazil to Decide Fate of Key Capital Candidate
PoliticsSep 06

Electoral Court Brazil to Decide Fate of Key Capital Candidate

Brazil's Superior Electoral Court will rule on former Governor José Roberto Arruda's eligibility, testing recent changes to the Clean Slate Law.

Brazil Threatens ‘Reciprocal Measures’ After EU Blocks $1.84 Billion in Meat Exports Over Antimicrobial Use
AgroSep 04

Brazil Threatens ‘Reciprocal Measures’ After EU Blocks $1.84 Billion in Meat Exports Over Antimicrobial Use

Brasília warns of trade retaliation after the EU’s veto on beef, poultry, and honey imports takes effect, escalating a dispute that undermines the Mercosur-EU trade deal.

Federal Police Probe Links More BRB Directors to Massive Banco Master Scandal
PROPoliticsAug 21

Federal Police Probe Links More BRB Directors to Massive Banco Master Scandal

Federal Police in Brazil have widened their probe into the R$11.5 billion irregular acquisition of credit portfolios by state-owned Banco de Brasília.

Supreme Court Intervenes in R$6.6 Billion Brazil State Bank Bailout Amid Massive Fraud Scandal
PROPoliticsAug 20

Supreme Court Intervenes in R$6.6 Billion Brazil State Bank Bailout Amid Massive Fraud Scandal

STF Minister Luiz Fux is mediating a rescue plan for state-owned Banco de Brasília (BRB) after its exposure to the Banco Master fraud.

Brazil’s Central Bank Pressures State-Owned BRB Bank Over R$ 6.6 Billion Fraud Loss
PoliticsAug 17

Brazil’s Central Bank Pressures State-Owned BRB Bank Over R$ 6.6 Billion Fraud Loss

Central Bank demands capital action from BRB after a massive fraud, while the political liability risks liquidation or privatization.

Brazil Police Uncover Plot to Attack Presidential Palace, Congress Ahead of October Election
PROPoliticsAug 15

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.

Police Arrest Head of Major Brazilian Farmers’ Group in R$708 Million Social Security Fraud Probe
PROAgroAug 14

Police Arrest Head of Major Brazilian Farmers’ Group in R$708 Million Social Security Fraud Probe

Carlos Roberto Ferreira Lopes, president of CONAFER, was arrested in Brasília for allegedly leading a massive scheme of unauthorized deductions from retiree benefits.

President of Brazil’s Family Farmers’ Confederation Arrested in Billion-Reais Social Security Fraud Probe
PROAgroAug 14

President of Brazil’s Family Farmers’ Confederation Arrested in Billion-Reais Social Security Fraud Probe

Carlos Roberto Ferreira Lopes, president of CONAFER, surrendered to police in Brasília after months as a fugitive in a massive INSS pension fraud case.

Brazil’s Supreme Court Mediates R$6.6 Billion Rescue Loan to Avert State Bank Liquidation
PROMarketsAug 13

Brazil’s Supreme Court Mediates R$6.6 Billion Rescue Loan to Avert State Bank Liquidation

Brazil's STF is mediating a R$6.6 billion loan from the FGC to state-owned Banco de Brasília (BRB) amid a transparency crisis.

US Tariffs Trigger 5% Export Drop, Prompting R$18.5 Billion BNDES Rescue
PROPoliticsAug 07

US Tariffs Trigger 5% Export Drop, Prompting R$18.5 Billion BNDES Rescue

New US tariffs caused a $200M export drop in July, forcing Brasília to deploy a major R$18.5B financing package via BNDES.

Brazil Files WTO Complaint Challenging US Tariffs, Escalating Trade Conflict
PROPoliticsJul 30

Brazil Files WTO Complaint Challenging US Tariffs, Escalating Trade Conflict

Brasília initiated a WTO dispute against the US over new 25% and 12.5% Section 301 tariffs, threatening $6.6 billion in Brazilian exports.

Brazil Formally Challenges US Tariffs at WTO, Escalating Trade Conflict
PoliticsJul 30

Brazil Formally Challenges US Tariffs at WTO, Escalating Trade Conflict

Brasília initiated WTO consultations over US tariffs of up to 37.5% on manufactured goods, raising uncertainty for exporters and the Brazilian Real.

BRB Confirms Capitalization Plan After R$8.8 Billion Loss Provision Linked to Banco Master Fraud Scandal
PROSmall CapsJul 30

BRB Confirms Capitalization Plan After R$8.8 Billion Loss Provision Linked to Banco Master Fraud Scandal

Banco de Brasília (BRB) is implementing capitalization measures to cover a large loss provision tied to R$12B in alleged fraud with Banco Master.

Brazil Formally Challenges US Section 301 Tariffs at WTO, Raising Political Risk for Exporters
PROPoliticsJul 30

Brazil Formally Challenges US Section 301 Tariffs at WTO, Raising Political Risk for Exporters

Brasília initiated a WTO dispute against new US 25% and 12.5% tariffs, escalating trade tensions with its second-largest partner.

EU Veto on Brazilian Meat Exports Risks US$2.4 Billion Market; WTO Challenge Looms for Brasília
AgroJul 29

EU Veto on Brazilian Meat Exports Risks US$2.4 Billion Market; WTO Challenge Looms for Brasília

The European Union's ban on Brazilian animal products, effective September 3, threatens $2.4B in trade and prompts a WTO challenge.

Central Bank steps in over BRB's R$6.6B rescue delay
PoliticsJul 28

Central Bank steps in over BRB's R$6.6B rescue delay

Brazil's Central Bank intervenes as Banco de Brasília's R$6.6 billion rescue stalls over demands for public bank guarantees, raising systemic risk concerns.

Galípolo Meets BRB Leadership as R$6.6B Rescue Plan Stalls
PROPoliticsJul 28

Galípolo Meets BRB Leadership as R$6.6B Rescue Plan Stalls

BC President Gabriel Galípolo met with BRB to discuss restructuring amid a stalled R$6.6 billion rescue package, raising concerns over systemic risk.

BRB Rescue Stalls Over Missing Financials and Guarantee Demands
PoliticsJul 28

BRB Rescue Stalls Over Missing Financials and Guarantee Demands

A stalled R$6.6 billion rescue for Banco de Brasília (BRB) over missing financial statements and guarantee disputes raises systemic risks for Brazilian assets.

BRB Rescue Stalemate Drags on B3 Stocks and Real
PoliticsJul 28

BRB Rescue Stalemate Drags on B3 Stocks and Real

BC President Galípolo met with Banco de Brasília leadership as a R$6.6 billion rescue package remains stalled, weighing on B3 stocks and the real.

Brazil Unfreezes R$5.7 Billion in Current 2024 Budget, Releasing Funds as Fiscal Picture Improves
PoliticsJul 27

Brazil Unfreezes R$5.7 Billion in Current 2024 Budget, Releasing Funds as Fiscal Picture Improves

Brasília unfroze R$5.7B from the 2024 budget after a cut in mandatory spending projections, improving the primary balance forecast and signaling fiscal adherence.