AGP Executive Report
Last update: an hour agoElections & Politics: Brazil’s Workers’ Party (PT) formally nominated Luiz Inácio Lula da Silva for a fourth term, with Geraldo Alckmin as running mate, as the campaign leans on defense spending promises and faces business resistance. Fiscal Pressure: Brazil’s interest bill is driving the nominal deficit to about 10% of GDP, with debt-service costs hitting the highest level on record in the last 12 months. Supreme Court Watch: The STF returns for a busy August docket, including rulings that could affect platform workers’ rights and a Rio governor succession rule. Regulated Gambling: The PT-backed bill to ban online casino games is set for a vote, while sports betting rules would remain. Energy & Climate: Utilities are bracing for El Niño impacts on power supply, and the government is also weighing the future of Angra 3, likely to be decided by the next president. Environment & Innovation: Mato Grosso eucalyptus planting is gaining traction for biomass demand, and a Rio project uses hair-filled filters to help absorb oil spills. Tourism: OECD data ranks Brazil among the top tourism growth performers since 2019. Sports Tragedy: A youth football player was killed in a shooting during a friendly match in Maceió.
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