Mastercard cancelled by Banco do Brasil as financial institutions weigh potential legal impacts of Magnitsky Act sanctions 08/22/2025 The cancellation of a credit card issued by Banco do Brasil (BB) marked the first known consequence of applying the Magnitsky Act to Federal Supreme Court (STF) Justice Alexandre de Moraes. The move, revealed Thursday […]
CADE’s tribunal leans toward unconditional approval despite SALIC dispute 08/21/2025 Brazil’s Administrative Council for Economic Defense (CADE) has reached a majority in favor of approving the merger between giant meatpackers BRF and Marfrig without restrictions, even though the final vote has been postponed after Counselor Carlos Jacques requested more time to review the […]
Executives from global investment firms outline what the country must do to strengthen its business environment 08/21/2025 “If you build it, they will come.” The line made famous by the 1989 film Field of Dreams is repeated several times during a lively conversation at the Nonno Ruggero restaurant in the Hotel Fasano, São Paulo. But […]