Banks still unclear on full impact of Justice Dino’s ruling putting check on effects of Magnitsky sanctions 08/21/2025 Justices of Brazil’s Federal Supreme Court (STF) have resumed meetings with representatives of financial institutions following a ruling issued Monday (18) by Justice Flávio Dino against the immediate enforcement in Brazil of foreign laws, […]
Some justices call for merging case with another one specifically connected with Magnitsky Act; Dino decision involved UK courts and mining disaster in Brazil 08/20/2025 Supreme Federal Court (STF) justices consulted by Valor assess that the application of the Magnitsky Act by banks operating in Brazil should be better discussed in the case […]
Ibovespa drops 2%, dollar nears R$5.50, and long-term rates rise sharply after Supreme Court ruling; poll rumor also weighs on prices 08/20/2025 Brazilian markets reacted strongly to a fresh escalation in diplomatic tensions with the United States. Heightened risk perception fueled a sharp increase in future interest rates and sent the dollar close […]