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Entries by Gelcy Bueno

Mining profits set to drop amid cost, price pressures

PwC’s Global Mine study points to third consecutive annual decline in operational earnings for world’s 40 largest miners     09/05/2025  Global mining profits are set to drop in 2025, extending a streak of weakening operational performance, according to PwC’s 22nd edition of its Global Mine report, which tracks the financial results and outlook of […]

China doubles down on Brazil with energy focus, diversified investment

After era of large-scale projects, Chinese capital shifts to innovation, energy transition 09/04/2025  Chinese investments in Brazil reached $4.18 billion in 2024, up 113% from $1.97 billion the previous year. The surge far outpaced the 13.8% increase in overall foreign direct investment (FDI) in Brazil last year, according to Central Bank data. Despite the rebound, […]

Defense in coup plot trial challenges Moraes’ role

Lawyers for Bolsonaro and allies claim lack of access to evidence and accuse the judge of overstepping 09/04/2025  On the second day of Jair Bolsonaro’s trial, held on Wednesday (3), defense attorneys for the defendants in the coup plot broke the conciliatory tone that had prevailed the day before and launched direct criticism at Supreme […]

NEWSLETTER AUGUST 2025

  MURRAY ADVOGADOS NEWSLETTER AUGUST 2025   08/01/2025   REDIRECTING EXPORTS IS SLOW AND DIFFICULT, EXPERTS SAY Looking to other Asian markets beyond China could offer opportunities for some sectors   Opening new markets to redirect Brazilian products affected by the 50% U.S. tariff is a slow and challenging process that won’t bear fruit in […]

Criminal probe reveals compliance gaps in Brazil’s financial sector

Investigation links fintechs and fund managers to money laundering tied to crime group PCC       08/29/2025 A major criminal investigation has exposed loopholes in Brazil’s financial and capital markets that allowed the powerful criminal organization First Capital Command (PCC) to infiltrate the formal economy. Two simultaneous operations launched Thursday (28) by Brazil’s Federal […]

Coca-Cola stresses autonomy in Brazil despite tariffs

With planned investments of around R$7bn this year in Brazil, company says it contributed R$87.5bn to GDP         08/28/2025  Amid geopolitical tensions and steep U.S. tariffs, the president of The Coca-Cola Company for Brazil and the Southern Cone, Luciana Batista, reaffirmed the group’s commitment to Brazil and the autonomy of its local […]

Organized crime infiltrates Brazilian fuel market

Wide-ranging R$7.6bn tax and product fraud included all sectors of industry and used fintechs for money laundering     08/28/2025 Brazilian authorities on Thursday (28) launched a massive operation to dismantle a wide-ranging fraud and money laundering network in the fuel sector, allegedly infiltrated by members of the Primeiro Comando da Capital (PCC), one of […]

Brazil to fast-track tax refunds for companies hit by U.S. tariffs

Fiscal relief measures are part of broader aid package for exporters       08/28/2025 Companies affected by the 50% tariff hike imposed by the United States on Brazilian products will be given priority in the processing of tax credit refunds and reimbursements. These credits are used to offset federal taxes and contributions owed by […]

Chief of Staff warns against dropping high-income taxation from reform

Rui Costa says removal of compensatory measures could impact funding for schools and hospitals       08/27/2025  The president’s Chief of Staff, Rui Costa, warned on Wednesday (27) that removing compensatory measures from the government’s income tax reform proposal could undermine public services such as schools and hospitals. Speaking about congressional negotiations, he argued […]

Speaker endorses income tax, administrative reforms

Hugo Motta also defends legislative immunity proposal opposed by Supreme Court: “It’s not a retaliatory measure”       08/27/2025  Chamber of Deputies Speaker Hugo Motta (Republicans of Paraíba) said on Wednesday (27) he expects few changes to the government’s bill that raises the monthly income tax exemption threshold to R$5,000. Speaking at the Agenda […]