#PODCAST Five years ago, Brazil launched a public digital payment infrastructure — and its impact on the financial market and society has been immense. You can enjoy a free 14-day trial 👉 https://newsletters.brazilian.report/p/podcast-pix-central-bank-revolution

🔒The Central Bank liquidates Banco Master, whose owner is arrested.  ✈️A new Mexican player in Brazil’s airport sector.  📣A decisive day for COP30 as Brazil seeks to push through first decisions.  https://newsletters.brazilian.report/p/banco-master-fraud-asur-airport-cop30-negotiations

One in every 25 attendees (a total of more than 1,600) at COP30 in Belém arrived at the conference representing either an oil and gas company or business groups associated with the fossil fuel industry.  https://newsletters.brazilian.report/p/the-well-oiled-delegations-of-cop30

Brazil is seeking to use the momentum of its COP30 presidency to secure a concrete “roadmap” that would set out a multi-year planning process for a global, just transition away from fossil fuels. https://newsletters.brazilian.report/p/could-cop30-chart-roadmap-away-from-fossil-fuels

#BrazilDaily: 🔫Brazil's right fluffed its lines on the anti-crime bill. 🌅The Northeast becomes an innovation hub.  ⛽The fossil fuel lobby is stronger than ever at COP30. Subscribe now and read more! https://newsletters.brazilian.report/p/putting-all-eggs-in-the-wrong-basket

#BrazilAgro: Despite its major farming sector, Brazil’s agricultural insurance market never fully developed, and crop coverage is at an all-time low. https://newsletters.brazilian.report/p/sowing-risk-rural-insurance

The White House’s announcement late Friday that it would roll back import tariffs on roughly 200 products was greeted in Brasília as another step toward normalizing US-Brazil trade relations. https://newsletters.brazilian.report/p/tempered-optimism-with-latest-us-tariff-easing

The Brazilian Congress is debating a new framework that would require streaming platforms to help finance the country’s film and television industry.  https://newsletters.brazilian.report/p/streaming-bill-advances-but-gets-mixed-reviews

#BrazilDaily 🇺🇸The US lifts some tariffs, but Brazil isn’t satisfied yet.  💸Pix turns five years old. COP30 enters its final week.  ⛽Will fossil fuels get a mention? Subscribe now and read more! https://newsletters.brazilian.report/p/trump-tariffs-pix-revolution-cop30-fossil-fuels

In 1992, Brazil hosted the United Nations conference that set the foundation for today’s entire global climate agenda. Now, COP30 aims to implement what has been agreed upon since then. https://newsletters.brazilian.report/p/rio-92-cop30-climate-diplomacy

#BrazilSports: Two golds and two silvers at the World Championships in Wuxi showcased the strength of Brazil’s young taekwondo talent — and its ambition for Los Angeles 2028. https://newsletters.brazilian.report/p/taekwon-dominance-world-championship

Evelyn Matthei, José Antonio Kast and Johannes Kaiser fight over a single spot in Chile’s runoff. And Ecuador’s referendum could open the door to constitutional reform and US military bases. https://newsletters.brazilian.report/p/presidential-elections-chile-ecuador-referendum

One of Brazil’s principal goals of this COP30, the finalization of global adaptation indicators, is running the risk of failure, as concerns cropped up for the host nation on the conference’s fourth day. https://newsletters.brazilian.report/p/dispute-over-adaptation-indicators-threatens-brazil

Brazil’s Senate sent a warning to President Luiz Inácio Lula da Silva. The upper house on Wednesday confirmed Paulo Gonet for another two-year term as Brazil’s prosecutor general. https://newsletters.brazilian.report/p/senate-confirms-prosecutor-general-by-slimmest-margin

#BrazilDaily: 🔍Meta under the data protection microscope in Brazil.  🌍A negotiating twist puts one of COP30’s key priorities at risk.  📺Opinions are mixed on Brazil’s new streaming bill. Subscribe now and read more! https://newsletters.brazilian.report/p/meta-whatsapp-data-cop30-stalled-streaming

🥵#BrazilClimate: A new report by the UN Environment Program calls for cooling to be considered essential infrastructure, alongside access to water, electricity and sanitation. https://newsletters.brazilian.report/p/plans-to-beat-the-heat

The election of democratic socialist Zohran Mamdani as mayor of New York City has resonated among left-wing leaders in Brazil, who view his win as a potential model for digital campaigning. https://newsletters.brazilian.report/p/lula-allies-want-to-borrow-from-zohran-mamdani

🎙#PODCAST: After lawmakers repeatedly dodged court rulings on budget transparency, the Supreme Court now wants the Brazilian public to know how to track congressional grants. https://newsletters.brazilian.report/p/podcast-supreme-court-to-brazilians-follow-the-money

#BrazilDaily: 🌍 Major climate sticking points still being left off the agenda at COP30.  📚 What can Mamdani teach the Brazilian left?  🏛️ A tight Senate vote sends Lula a warning. Subscribe now and read more! https://newsletters.brazilian.report/p/cop30-delays-zohran-mamdani-prosecutor-general

COP30 is witnessing an unprecedented mobilization of indigenous leaders and activists, some of whom have traveled thousands of kilometers by river, promising to deliver a powerful, unified message of resistance. https://newsletters.brazilian.report/p/indigenous-leaders-make-waves-at-cop30

A Rio de Janeiro business court has declared Oi Telecom bankrupt, ending the company’s second attempt at restructuring and burying the last vestiges of Brazil’s once-vaunted “national champions” policy.  https://newsletters.brazilian.report/p/bankruptcy-judge-orders-oi-to-hang-up

What you need to know in #Brazil today: ⏳ Don’t wait for a rate cut in 2025.  🛑 Security concerns interrupt the rise in Lula’s approval ratings.  🌍 The latest from COP30. Subscribe now and read more! https://newsletters.brazilian.report/p/inflation-cop30-public-safety-lula-approval

What you need to know in #LatinAmerica today: Pemex’s cheap energy shipments are keeping the lights on in Havana. And regional lawmakers call for a fossil fuel ban in the Amazon. Subscribe now and read more! https://newsletters.brazilian.report/p/mexico-oil-exports-cuba-cop-amazon-rainforest

🐟#BrazilAgro: Brazil’s tilapia farming sector is thriving. But the fish isn’t native to the country, and its introduction has caused environmental issues.  https://newsletters.brazilian.report/p/tilapia-invasive-species-dilemma

What you need to know in #Brazil today: 🏆COP30 scores early agenda victory.  📞The end of Brazilian telecom firm Oi.  🚀At the Museum of Tomorrow, visions of the future. Subscribe now and read more! https://newsletters.brazilian.report/p/cop30-belem-climate-change-oi-telecom-bankruptcy

Brazilian President Lula slipped out of Belém on Sunday to make a brief appearance in Colombia, at the summit between the Community of Latin American and Caribbean States (CELAC) and the European Union.  https://newsletters.brazilian.report/p/lula-speaks-against-foreign-intervention-in-latin-america

President Lula secured a key political and economic victory last week as the Senate unanimously approved his proposal to exempt all Brazilians earning up to BRL 5,000 a month (USD 934) from paying income tax. https://newsletters.brazilian.report/p/what-changes-with-brazil-income-tax-reform

#BrazilDaily: 🌍 COP30 gets underway in the Amazon.  🕊️ Lula says Latin America is a “zone of peace” on a visit to Colombia.  🌪️ Tornadoes cause havoc in southern Brazil. Subscribe now and read more! https://newsletters.brazilian.report/p/cop30-opening-climate-celac-venezuela

#GuideToBrazil: The Brazilian government is seeking a stronger role for civilian agencies along the country’s vast border strip. https://newsletters.brazilian.report/p/brazil-border-issues

#BrazilSports: Formula 1 returns to São Paulo this weekend, for one of the most iconic races on its annual calendar. We look back at some of the most historic outings at Interlagos. https://newsletters.brazilian.report/p/f1-interlagos-magic-drivers-championship

#LatAmReport: A successful case of crime reduction in a region marked by violence. And “information deserts” grow as journalists face exile and self-censorship. https://newsletters.brazilian.report/p/violence-rio-medellin-press-freedoms

With the official start of COP30 in Belém just days away, global dignitaries and heads of state converged in the Amazonian city for the first day of the Leaders’ Summit. https://newsletters.brazilian.report/p/urgency-contradictions-and-finance-as-lula-sets-cop30-agenda

A package of three bills proposing a sweeping overhaul to Brazil’s public service was recently introduced in the lower house.  https://newsletters.brazilian.report/p/path-to-reforming-brazil-public-service

#BrazilDaily: ✈️Lula to take a quick Colombia trip before the COP kickoff.  🤝Leaders’ Summit sets the stage for next week’s climate conference.  💰Who pays what after Brazil’s tax reform? Subscribe now and read more! https://newsletters.brazilian.report/p/cop30-lula-celac-income-tax-reform

#BrazilClimate: With drops in deforestation and greenhouse gas emissions to show for itself, Brazil is ready to “lead by example” at COP30 starting Monday. https://newsletters.brazilian.report/p/cop30-historic-emissions-drop

The district government of Brasília has asked the Supreme Court to order a medical evaluation of former President Jair Bolsonaro to determine whether his health allows him to serve his 27-year prison sentence. https://newsletters.brazilian.report/p/capital-wants-bolsonaro-check-up-before-prison

The Central Bank this week approved sweeping new regulations aimed at ending a financial structure known as contas-bolsão, or “umbrella accounts,”. https://newsletters.brazilian.report/p/central-bank-moves-against-fintechs-umbrella-accounts

#BrazilDaily: 🎯 An argument in favor of changing Brazil’s inflation target.  ⚖️ Bolsonaro closer to serving his sentence.  ️🧩 Reforming Brazil’s civil service is no easy task. Subscribe now and read more! https://newsletters.brazilian.report/p/bolsonaro-prison-public-service-inflation-expectations

#BrazilDaily: Brazil's manufacturing sector is lagging compared to other economies, amid contracting monetary policy and high-tech development abroad. https://newsletters.brazilian.report/p/brazilian-industry-falling-behind

Two years after Brazil appeared poised to lead the world’s financial modernization with its own central bank-issued digital currency, the Drex (Digital Real) project is losing steam. https://newsletters.brazilian.report/p/central-bank-stepping-back-from-digital-currency-project

A new study by the Getulio Vargas Foundation (FGV) finds a measurable connection between the black-market cigarette trade and violent crime. https://newsletters.brazilian.report/p/brazil-illegal-cigarette-trade-fuels-organized-crime

🏦 Central Bank set to keep rates unchanged.  💰 Brazil’s digital currency project has been put on the back burner.  ☂️ Controversial “umbrella accounts” hit by tighter regulations. Subscribe now! https://newsletters.brazilian.report/p/jobs-central-bank-rate-digital-currency-money-laundering

What you need to know about #LatinAmerica: Is Venezuela’s opposition offering oil to convince Trump of regime change? And the Vatican toughens its stance against President Nicolás Maduro. Subscribe now and read more! https://newsletters.brazilian.report/p/pope-leo-nicolas-maduro-venezuela

With more than 143 foreign delegations set to turn up in northern Brazil for the COP30 next week, security in the host city of Belém will be under temporary military control to safeguard the global climate talks. https://newsletters.brazilian.report/p/lula-brings-military-as-belem-braces-for-cop30

Brazil’s grid operator has put together an emergency playbook for a paradox that would have sounded absurd a decade ago: how to avoid power cuts caused by excess electricity. https://newsletters.brazilian.report/p/emergency-plan-to-avoid-end-of-year-outages

#BrazilDaily: 🏛️ Senate launches organized crime hearings committee.  🚬 A look at Brazil’s illegal cigarette trade.  🪖 The Armed Forces are given charge of security at COP30. Subscribe now and read more! https://newsletters.brazilian.report/p/organized-crime-rio-black-markets-cop30-belem

#BrazilAgro: China and the US have struck a trade truce that includes ending the Chinese boycott of American soybeans. What does the new outlook mean for Brazilian farmers?  https://newsletters.brazilian.report/p/soybean-wars-are-back

Last Tuesday, the Rio de Janeiro police stormed the favela chains of Alemão and Penha, a sprawling area of 26 communities and home to roughly 160,000 people. The operation left 121 dead. https://newsletters.brazilian.report/p/brazilians-support-deadliest-police-operation-ever

The number of truck drivers in Brazil has fallen roughly 20% over the past decade, raising alarms about logistical challenges in a country where most cargo is still transported by road. https://newsletters.brazilian.report/p/brazil-relies-on-trucks-but-losing-drivers

#BrazilDaily 💰 Brazil keeps its spot among top FDI destinations.  🛡️ An emergency plan to guard against summer blackouts.  🚔The Brazilian people supported last week’s violent police op in Rio. Subscribe now and read more! https://newsletters.brazilian.report/p/fdi-oecd-rio-police-operation-energy