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Braskem Races Against August 24 Deadline to Finalize US$10 Billion Debt Restructuring
MarketsAug 13

Braskem Races Against August 24 Deadline to Finalize US$10 Billion Debt Restructuring

Brazil’s largest petrochemical company seeks an out-of-court deal for over $10B in debt, pressured by creditors and environmental liabilities.

Brazil's Central Bank Imposes 24-Hour Lock on Large Crypto Transfers to Stem Fraud
TechAug 09

Brazil's Central Bank Imposes 24-Hour Lock on Large Crypto Transfers to Stem Fraud

New BCB rule mandates a 24-hour hold on virtual asset transfers over US$10,000 to foreign exchanges or self-custody wallets, creating friction for high-value crypto capital flight.