Justice Moraes questions legitimacy of tax hike while urging better dialogue between branches of government 07/04/2025 Supreme Federal Court (STF) Justice Alexandre de Moraes on Friday (4) suspended both the executive and legislative decrees related to Brazil’s Financial Transactions Tax (IOF) and summoned representatives from the Presidency, Senate, Chamber of Deputies, and Office […]
Lula promotes integration; Milei warns against economic rigidity 07/04/2025 On the day Brazil assumed the rotating presidency of Mercosur, President Lula said the South American bloc serves as “a refuge where we feel safe” and shields its members from “foreign trade wars.” Speaking in Buenos Aires during the handover ceremony from Argentina, President […]
BNDES and Finep sign agreement aiming to turn Rio into high-capacity data hub; exploring R$1bn AI investment fund 07/02/2025 Brazil’s leading development institutions are ramping up efforts to attract artificial intelligence (AI) investments and boost the country’s data center infrastructure. On Tuesday (1), the Brazilian Development Bank (BNDES) and the Studies and Projects […]