Brazilian prosecutors rejected a cooperation agreement proposed by Daniel Vorcaro, the former banker at the center of a massive fraud investigation, according to a person familiar with the matter.
Brazilian prosecutors rejected a cooperation agreement proposed by Daniel Vorcaro, the former banker at the center of a massive fraud investigation, according to a person familiar with the matter.
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.
Brazil’s economic team is seeking to negotiate with Congress to prevent final approval of three bills that would add more than 170 billion reais ($33 billion) to the nation’s budget over the next 10 years, Planning Minister Bruno Moretti said.
Brazil’s economic team is seeking to negotiate with Congress to prevent final approval of three bills that would add more than 170 billion reais ($33 billion) to the nation’s budget over the next 10 years, Planning Minister Bruno Moretti said.
Brazil’s economic team is seeking to negotiate with Congress to prevent final approval of three bills that would add more than 170 billion reais ($33 billion) to the nation’s budget over the next 10 years, Planning Minister Bruno Moretti said.
Brazil’s economic team is seeking to negotiate with Congress to prevent final approval of three bills that would add more than 170 billion reais ($33 billion) to the nation’s budget over the next 10 years, Planning Minister Bruno Moretti said.
Brazil’s electoral court suspended the circulation of an AtlasIntel poll that showed Senator Flávio Bolsonaro losing ground in the presidential race, citing alleged problems with the pollster’s methodology.
Brazil’s electoral court suspended the circulation of an AtlasIntel poll that showed Senator Flávio Bolsonaro losing ground in the presidential race, citing alleged problems with the pollster’s methodology.
Flavio Bolsonaro Photographer: Daniel Ramalho/AFP/Getty Images
Hours after the US proposed 25% tariffs on Brazil, President Luiz Inácio Lula da Silva had found a way to seize on the threat.
Luiz Inacio Lula da Silva, Brazil's president, at the Planalto Palace in Brasilia, Brazil, on Monday, May 4, 2026. Lula signed a program to renegotiate household debt, his latest measure to support consumption, as he seeks to bolster his popularity ahead of Brazils October elections.
Hours after the US proposed 25% tariffs on Brazil, President Luiz Inácio Lula da Silva had found a way to seize on the threat.
Luiz Inacio Lula da Silva, Brazil's president, at the Planalto Palace in Brasilia, Brazil, on Monday, May 4, 2026. Lula signed a program to renegotiate household debt, his latest measure to support consumption, as he seeks to bolster his popularity ahead of Brazils October elections.
President Luiz Inácio Lula da Silva blasted a US decision to label two major Brazilian criminal groups as terrorist organizations, calling it a threat to the nation’s sovereignty that won’t help its fight against drug trafficking.
President Luiz Inácio Lula da Silva blasted a US decision to label two major Brazilian criminal groups as terrorist organizations, calling it a threat to the nation’s sovereignty that won’t help its fight against drug trafficking.
The US will designate Brazil’s two main organized crime groups as terrorist organizations, a move that will likely reignite tensions between Donald Trump and President Luiz Inácio Lula da Silva.
The US will designate Brazil’s two main organized crime groups as terrorist organizations, a move that will likely reignite tensions between Donald Trump and President Luiz Inácio Lula da Silva.
A sign for the U.S. Department of State is seen on the outside of the Harry S. Truman Federal Building on October 08, 2024 in Washington, DC. The Harry S Truman Federal Building was built in 1941 and has housed the office of the Secretary of State since 1947.
Minas Gerais state officials are considering a do-over of Copasa’s privatization process after two bids for a 30% stake in the Brazilian water utility came in below the government’s minimum price, according to people familiar with the matter.
Minas Gerais state officials are considering a do-over of Copasa’s privatization process after two bids for a 30% stake in the Brazilian water utility came in below the government’s minimum price, according to people familiar with the matter.
President Donald Trump met Tuesday with Flávio Bolsonaro, the top challenger to leftist incumbent Luiz Inácio Lula da Silva in Brazil’s October presidential election.
President Donald Trump met Tuesday with Flávio Bolsonaro, the top challenger to leftist incumbent Luiz Inácio Lula da Silva in Brazil’s October presidential election.
When President Luiz Inácio Lula da Silva’s senior officials convene on Mondays to discuss Brazil’s most pressing government business, one rule is clear: keep quiet if you’re not advocating for stimulus.
When President Luiz Inácio Lula da Silva’s senior officials convene on Mondays to discuss Brazil’s most pressing government business, one rule is clear: keep quiet if you’re not advocating for stimulus.
When President Luiz Inácio Lula da Silva’s senior officials convene on Mondays to discuss Brazil’s most pressing government business, one rule is clear: keep quiet if you’re not advocating for stimulus.
When President Luiz Inácio Lula da Silva’s senior officials convene on Mondays to discuss Brazil’s most pressing government business, one rule is clear: keep quiet if you’re not advocating for stimulus.
Two groups submitted bids to become the strategic investor in Copasa, advancing the Minas Gerais state government’s plan to privatize one of Brazil’s largest water and sewage utilities, according to people familiar to the matter.
Two groups submitted bids to become the strategic investor in Copasa, advancing the Minas Gerais state government’s plan to privatize one of Brazil’s largest water and sewage utilities, according to people familiar to the matter.
Pipeworks at the Sabesp ETA Guarau water treatment facility in Sao Paulo, Brazil, on Tuesday, Oct. 14, 2025. Sabesp has already met its 2025 water targets and is close to meeting its sewage goals, with more than 1.3 million people gaining access to those services in the first half of 2025.
Some Brazilian executives and investors are tempering their support for presidential candidate Flávio Bolsonaro as he seeks backing in the nation’s financial hub days after details emerged about his relationship with a scandal-plagued banker.
Some Brazilian executives and investors are tempering their support for presidential candidate Flávio Bolsonaro as he seeks backing in the nation’s financial hub days after details emerged about his relationship with a scandal-plagued banker.
Some Brazilian executives and investors are tempering their support for presidential candidate Flávio Bolsonaro as he seeks backing in the nation’s financial hub days after details emerged about his relationship with a scandal-plagued banker.
Some Brazilian executives and investors are tempering their support for presidential candidate Flávio Bolsonaro as he seeks backing in the nation’s financial hub days after details emerged about his relationship with a scandal-plagued banker.
To the outside world, Brazilian fashion giant Azzas 2154 SA appears to be having a breakout moment. Its latest winter campaign featured Sarah Jessica Parker; Meryl Streep turned up to a premiere of The Devil Wears Prada 2 in its black Scarpin heels; and Justin Bieber has been seen sporting its kaleidoscopic puffer jacket.
To the outside world, Brazilian fashion giant Azzas 2154 SA appears to be having a breakout moment. Its latest winter campaign featured Sarah Jessica Parker; Meryl Streep turned up to a premiere of The Devil Wears Prada 2 in its black Scarpin heels; and Justin Bieber has been seen sporting its kaleidoscopic puffer jacket.
Meryl Streep in Azzas 2154 heels at the premiere of The Devil Wears Prada 2 in Shanghai.
Brazilian President Luiz Inacio Lula da Silva scrapped a tax on imports valued at $50 or less, a measure likely to boost his popularity less than five months before the election.
Brazilian President Luiz Inacio Lula da Silva scrapped a tax on imports valued at $50 or less, a measure likely to boost his popularity less than five months before the election.
Luiz Inacio Lula da Silva, Brazil's president, during a news conference at the Brazilian embassy in Washington, DC, US, on Thursday, May 7, 2026. US President Donald Trump said he discussed trade and tariffs with Brazil’s Luiz Inacio Lula da Silva at the White House, and their two governments agreed to continue discussing the often-divisive issues.
Brazil’s lower house approved a bill to regulate the exploration of critical and strategic minerals, a step toward realizing the potential of the nation’s vast reserves as President Luiz Inacio Lula da Silva prepares to meet Donald Trump.
Brazil’s lower house approved a bill to regulate the exploration of critical and strategic minerals, a step toward realizing the potential of the nation’s vast reserves as President Luiz Inacio Lula da Silva prepares to meet Donald Trump.
A worker holds a soil sample at a rare earth exploration project in Caldas Novas, Minas Gerais state, Brazil.
Brazil’s government will ask Congress for authorization to use extraordinary revenue linked to oil to cut taxes on fuel such as gasoline, diesel, ethanol and biodiesel.
Brazil’s government will ask Congress for authorization to use extraordinary revenue linked to oil to cut taxes on fuel such as gasoline, diesel, ethanol and biodiesel.
Luiz Inacio Lula da Silva, Brazil's president, during a joint press conference with Cyril Ramaphosa, South Africa's president, not pictured, at Planalto Palace in Brasilia, Brazil, on Monday, March 9, 2026. Ramaphosa’s visit to Brazil will focus on enhancing diplomatic and political relations, as well as economic and commercial relations between the two countries.