AGP Executive Report
Last update: 2 hours agoOnline Gambling Crackdown: Brazil’s Lula signed a provisional measure banning the operation, brokering and advertising of fixed-odds betting and online casino games, with new deposits stopped immediately; authorized sites must go offline Oct. 6, and bettors have until Oct. 5 to withdraw, with refunds handled via banks and Caixa if needed. Overseas Voting Surge: Brazil’s Superior Electoral Court says 918,876 citizens abroad are registered to vote in 2026 (president and vice only), up 358% since 2010. Debt Pressure: Reuters reports Brazil’s share of Selic-linked debt rose to 52.7% in August, worsening the public debt profile as high interest costs keep piling up. Oil & Energy Watch: Petrobras may add Colombia’s Sirius offshore gas project to its 2027-2031 plan if it secures an environmental license. Markets/Global Context: Oil prices jumped after Trump rejected an Iran proposal tied to reopening the Strait of Hormuz, feeding broader volatility.
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