Search
47 results for “CRA”

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.

Flávio Bolsonaro Vows to Scrap All Haddad-Era Tax Hikes, Signaling Radical Fiscal Shift
Presidential candidate Flávio Bolsonaro’s economic coordinator announced a plan to revoke all revenue-raising measures implemented by Finance Minister Fernando Haddad.

Brazil Escalates Tech Crackdown, Sues Discord for R$500 Million Over Child Safety Failures
Brazil's Attorney General's Office filed a civil lawsuit against Discord seeking R$500 million ($97 million USD) for allegedly failing to protect minors, testing the country's new digital child safety law.

Lula Declares Brazilian Sovereignty 'Non-Negotiable' in Return to UN General Assembly
President Luiz Inácio Lula da Silva used his 2023 address to the UN General Assembly to champion democracy and Global South leadership, positioning Brazil as a key player after four years of diplomatic absence.

Rejected Plea Deal Alleges Bolsonaro and Tarcísio Campaign Kickbacks for Payroll Loan Exclusivity
Ex-banker Daniel Vorcaro alleged in a rejected plea deal that R$5 million in 2022 campaign donations to Jair Bolsonaro and Tarcísio de Freitas were kickbacks tied to a lucrative payroll loan contract in São Paulo.

Ex-Nubank CTO Raises Record $85 Million Seed Round for AI Wealth Manager Decade in Brazil
Former Nubank CTO Vitor Olivier and an AI co-founder have secured an $85 million seed round for Decade, an AI-powered wealth manager aimed at democratizing high-end financial advice for Brazilians.

New Campaign Forces Brazil’s Election Candidates to Confront Cerrado Deforestation and Water Crisis
A coalition of environmental groups launched the #VotePeloCerrado campaign, demanding candidates sign a commitment to protect the vital "cradle of waters" biome.

Fitch Upgrades Brazilian Aircraft Giant Embraer Further Into Investment Grade
Fitch raises Embraer's rating to 'BBB' with a Stable Outlook, citing its record $34.5 billion order backlog.

Brazil Embraer Merges Cybersecurity Unit Tempest With SPX-Backed Vision
Brazilian aircraft manufacturer Embraer and asset manager SPX Capital are merging their cybersecurity units to build a powerhouse with R$ 700 million in revenue.

Brazil Election: Corruption and Democracy Top Voter Concerns in Poll
A new Quaest poll shows Brazilian voters prioritize clean records and democratic commitment over political feuds involving the Supreme Court.

Brazil Embraer and SPX Capital Merge Cybersecurity Units in Major Deal
Brazilian aircraft maker Embraer and asset manager SPX Capital have agreed to merge their cybersecurity businesses, creating a regional giant with R$ 700 million in revenue.

Embraer Secures Major Japan Jet Order, Trades Cybersecurity Control to Scale High-Tech Services
Brazil's Embraer landed an expanded 23-jet order from ANA Holdings and restructured its cybersecurity unit, Tempest, to unlock growth.

Brazil Senate Approves Scrapping 20% Import Tax on Low-Value Foreign E-Commerce Purchases
Brazil's Congress finalized approval of a measure eliminating the 20% federal import tax on online purchases up to US$50, sparking retailer criticism.

Banker’s Plea Deal Threatens Lula Government and Scrambles Brazil’s Supreme Court
Revelations about a jailed banker's ties to STF Justice Alexandre de Moraes fuel a political crisis and raise institutional risk.
OAS Deploys Observation Mission to Monitor Brazil’s Polarized 2026 General Election
The Organization of American States is sending an Electoral Observation Mission to monitor the October 2026 election, a sign of ongoing international scrutiny.
Braskem Faces August 24 Deadline on Debt Stay as $10.3 Billion Restructuring Looms
Latin America’s largest petrochemical giant, Braskem, is scrambling for a deal before a court-ordered debt stay expires, forcing a decision on a massive restructuring.

Brazil’s Electoral Court Confirms Seven International Observer Missions for 2026 General Elections
Brazil’s Superior Electoral Court confirmed a record seven international missions, including the OAS and EU, will monitor the 2026 elections to bolster confidence in electoral integrity.

Brazil’s CVM Launches ‘Regime FÁCIL’ to Unlock Wave of Small-Cap IPOs
Brazil’s securities regulator, the CVM, has created a new regime to drastically reduce the cost and bureaucracy for small-cap companies to go public.

Fiscal Credibility Cracks as Brazil’s Deficit Worsens Amid Pre-Election Spending Exemptions
Brazil's projected 2026 primary deficit worsened to R$59.1 billion as Congress and the Executive approve new spending outside the fiscal rule's cap.

Presidential Candidate Zema Proposes Major Overhaul of Brazil's Supreme Federal Court
Romeu Zema, a leading candidate, detailed constitutional proposals to sharply reduce the power of Brazil's Supreme Federal Court (STF).
PetroReconcavo Suspends US$60 Million Plant Project After Securing Long-Term Gas Access from Petrobras
Independent producer PetroReconcavo will rely on state-owned infrastructure, signing a gas processing deal with Petrobras that allows it to scrap a major capital project.

Brazil’s Agribusiness Investment Funds Double to R$40.9 Billion, Turbocharging Farm Credit
Fiagro funds' net equity has doubled in a year, reaching R$40.9 billion, rapidly financing Brazil's massive farm sector.

Brazil’s Electoral Court Scrambles to Define Deepfake Ban Ahead of Key Ruling on AI Bolsonaro Video
Brazil’s top electoral court faces a critical test of its new deepfake ban in an imminent ruling on an AI-generated video of former President Jair Bolsonaro.

Brazil’s Top Prosecutor Flags Organized Crime as Critical Threat to 2026 Election Integrity
Attorney General Paulo Gonet says blocking PCC, Comando Vermelho, and militias is key to protecting Brazilian democracy.

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.

Lula Taps Alckmin and Haddad for New Fiscal Discipline Signal
President Lula enlists former rival Geraldo Alckmin and Finance Minister Fernando Haddad to craft economic proposals to reassure the financial market.

Red Tape Triggers Cash Crunch for Brazil’s Largest Affordable Housing Builder
Plano&Plano, a major low-income builder, reported a sharp profit drop and significant cash drain in Q2 2026 due to delays in federal and municipal housing program payments.

Brazil Completes Landmark Overhaul of Foreign Exchange Rules, Simplifying Access for Global Investors
The Central Bank of Brazil finalized regulations for the new FX Law, slashing bureaucracy for non-resident investors and aligning the market with international standards.

Falling Inflation Slashes Returns for Major Brazilian Agro-Credit Fund KNCA11
Kinea Crédito Agro (KNCA11) cut its monthly dividend after a 31.4% net result drop, signaling headwinds for Brazil's inflation-linked investment sector.

Brazil Extends Key Land Certification Deadline Until 2029, Easing Agribusiness Real Estate Pressure
New federal decree unifies and pushes the mandatory georeferencing deadline for all rural properties, boosting liquidity for real estate transactions.