Jamaica secured a three-year financing package from multilateral lenders totaling $6.7 billion to help rebuild following a devastating hurricane that damaged key infrastructure, industry and homes.
Jamaica secured a three-year financing package from multilateral lenders totaling $6.7 billion to help rebuild following a devastating hurricane that damaged key infrastructure, industry and homes.
Flooding and damaged buildings are seen in the aftermath of Hurricane Melissa in Lacovia, St Elizabeth, Jamaica, on October 31, 2025. At least 19 people in Jamaica have died as a result of Hurricane Melissa which devastated the island nation when it roared ashore this week, a government minister told news outlets late October 31. (Photo by Ricardo Makyn / AFP)
For a hot moment, Daniel Vorcaro seemed to have made it in the tight-knit world of Brazilian finance. Once the host of a gospel show on a regional TV network, he was suddenly hobnobbing with the country’s banking elite, throwing lavish parties that filled gossip columns while amassing a trove of trophy properties around the world.
For a hot moment, Daniel Vorcaro seemed to have made it in the tight-knit world of Brazilian finance. Once the host of a gospel show on a regional TV network, he was suddenly hobnobbing with the country’s banking elite, throwing lavish parties that filled gossip columns while amassing a trove of trophy properties around the world.
The Banco Master headquarters in Sao Paulo, Brazil, on Tuesday, Nov. 18, 2025. Banco Master SA Chief Executive Officer Daniel Vorcaro was arrested Tuesday in a federal police fraud investigation as Brazil's central bank moved to liquidate the struggling firm. Photographer: Victor Moriyama/Bloomberg
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