AGP Executive Report

Elections & U.S. Pressure: Brazil’s President Lula said he will tell Donald Trump “don’t meddle” in Brazil’s October elections at the UN General Assembly, amid tariff tensions tied to the Bolsonaro case. Central Banking & Economy: Brazil’s central bank cut the Selic rate for a fifth straight meeting, to 13.75%, as Lula seeks re-election and the Fed also raised rates. BRICS Diplomacy: The New Delhi BRICS summit ended without a military alliance or common currency, but with a 140-paragraph declaration pushing more influence for emerging economies on trade, finance, tech and institutions. Tech & Research: IQM will deliver its first quantum computer in South America to Brazil’s Eldorado Research Institute, with installation planned for early 2027. Industry & Investment: Geely began the first local production of a Geely model in Brazil (with Renault), starting with the EX5 Super Hybrid at the Ayrton Senna complex in Paraná. Food & Health: A review suggests eating 4–6 servings of whole grains daily can improve cholesterol, blood pressure, weight and blood sugar, based on trials including participants from Brazil. Sports: F1 confirmed a 2027 calendar with a record 10 sprint races, including sprints in Brazil.

Brazil Supreme Court: Brazil’s top court deadlocked and then postponed a decision tied to probing Justice Moraes, keeping the political fight over the judiciary’s role in the 2026 election cycle in limbo. BRICS & diplomacy: At the BRICS summit in New Delhi, China’s top diplomat Wang Yi pushed China-Brazil coordination on AI and multilateralism, while South Africa’s Ramaphosa stepped back from public duties after returning, citing ill health. AI & tech: BRICS leaders backed a push for AI cooperation and “digital sovereignty,” including Xi’s idea for a BRICS AI open-source community. Economy & policy: A study from USP says online gambling cut Brazil’s consumption and economic activity by about 0.9–1.1% of GDP in 2025, with major knock-on effects for tax revenue and public health budgets. Public health: PAHO announced new access for Latin America and the Caribbean to long-acting HIV prevention drug lenacapavir via regional funds. Culture & society: Brazilian influencer Duda Alves (22) died days after posting about pain following breast reduction surgery; police are investigating as suicide. Agribusiness politics: At the Barretos Cowboy Festival, farmers signaled support for Flávio Bolsonaro ahead of October elections.

Brazil Supreme Court Crisis: Brazil’s top court held a televised, hours-long fight over whether to open an investigation into Justice Alexandre de Moraes, with justices trading insults and exposing deep divisions ahead of the October election. Rural Politics: At the Barretos Cowboy Festival, farmers and ranchers blamed Lula for high taxes and backed Flavio Bolsonaro as their “hope,” echoing agribusiness grievances. Energy Access in the Amazon: Aneel approved a regulatory sandbox for Energias da Floresta to test new ways to expand electricity access in isolated areas, with a focus on the Legal Amazon. Energy Storage Rules: Brazil also approved a regulatory sandbox for energy storage in the Amazon, aiming to speed up practical deployments. Crime & Security Debate: Right-wing campaigners are pushing the “Bukele model” as voters cite insecurity as a top concern, with calls for tougher sentences and lower criminal responsibility ages. Environment & Land Defenders: A new Global Witness report says 124 land and environmental defenders were killed in 2025, with Brazil among the deadliest countries. Tech & Nature Monitoring: Tech4Nature expanded AI camera and underwater sensor conservation efforts, adding Brazil to its flagship countries. Social Media for Minors: Brazil’s March rules require platforms to link under-16 accounts to parents and verify ages, as more countries tighten access.

Brazil Supreme Court Clash: Brazil’s top court is in turmoil as judges Alexandre de Moraes and André Mendonça trade public accusations on the eve of the 2026 presidential election, with Gilmar Mendes also weighing in—an escalating fight experts say could spill into the political race. Indigenous Amazon Update: Chief Raoni Metuktire, 94, the Amazon defender, has been diagnosed with digestive cancer and is now in palliative care at home in Mato Grosso after a 2026 hospitalization for an intestinal obstruction. Crypto & Markets: OranjeBTC launched a Bitcoin-backed digital credit ETF (DIGY11) on Brazil’s B3 exchange, routing capital into preferred shares of U.S. firms holding large Bitcoin treasuries, with monthly payouts. Trade & Paperless Customs: India and MERCOSUR signed a protocol to accept electronic Certificates of Origin, aiming to modernize and speed up cross-border trade paperwork. Public Safety: A Brazilian woman was arrested in Spain for allegedly smuggling 69 cocaine packages hidden in her body, after telling police she was pregnant and had narcotics planted internally. Cybersecurity: Researchers reported a Brazilian banking malware operation (“KREMLIN”) using fake bank documents and malicious browser extensions to steal credentials and session tokens.

Trade Talks: Brazil and the U.S. are set for another round of in-person talks on U.S. tariffs on Brazilian goods, likely late September, with Brazil’s development minister saying the country will negotiate but reject “unjustified unilateral tariffs.” Energy & Minerals: Ahead of October’s election, President Lula vowed to keep Brazil’s oil and critical minerals out of foreign control, pointing to the strategic importance of rare earths and lithium. Oil & Sovereignty Politics: Lula’s comments come as Brazil’s critical-minerals framework advances and the campaign spotlights who controls resources used for electric vehicles and clean tech. Oilfield Tech: Petrobras awarded Strohm a contract for thermoplastic composite pipes for Brazil’s post-salt offshore cluster, including testing and offshore trials. Health Access: A Brazilian lung-cancer study says mobile low-dose CT screening can reach high-risk, vulnerable people in resource-limited areas. AI Governance: South Africa withdrew a draft national AI policy after fictitious research citations were found, pushing for a stronger “AI sovereignty” approach. Telecom Credit: Fitch downgraded Oi to “D” and withdrew ratings, ending coverage. BRICS Diplomacy: BRICS wrapped up in New Delhi with a New Delhi declaration calling for UN and global financial reforms and more democratic global governance.

Brazil Election Watch: Polls show Lula and Flávio Bolsonaro in a statistical dead heat ahead of October, as a Supreme Court-linked banking scandal involving Banco Master and alleged money-laundering ties jolts the race. Justice & Politics: Brazil’s Supreme Court has unsealed investigations tied to banker Daniel Vorcaro, raising pressure on Bolsonaro’s campaign and credibility concerns around the court. BRICS Diplomacy: Brazil is part of the BRICS push for UN reform and local-currency trade, with leaders using the summit to counter “unilateral tariffs” and reshape global economic rules. Women’s Football: EBC is backing Brazil’s Women’s International Football Summit in Rio, including the TV Brasil Petrobras “Para Elas” award announcement. Sports Injury Update: San Diego Wave placed Brazil-born USWNT forward Catarina Macario on the season-ending injury list, delaying her 2026 debut. Business & Trade: Brazil beef exports to Indonesia get a boost with authorization for new establishments, while Brazil’s credit conditions remain tight for smaller firms. Aviation Incident: A private jet carrying singer Rey Vaqueiro crashed in Parelhas, Brazil, with passengers evacuating before the aircraft burned.

BRICS Summit Diplomacy: Brazil’s foreign minister Mauro Vieira was among leaders leaving New Delhi after the 18th BRICS Summit, where PM Modi pushed a joint declaration after late-night talks and Xi Jinping urged “greater BRICS” cooperation on AI, trade and stable supply chains. Global Economy Trust: An Earth4All survey across 17 countries found most people think economic systems are rigged to favor the rich, with strong support for major reforms. Tech & Media Links: Brazilian media tech leaders say India could be the key market to scale Direct-to-Mobile services, while a Brazilian businessman highlighted BRICS cooperation benefits for his trading business. Business & Trade: Brazil Machinery Solutions and ABIMAQ plan buyer-supplier meetings at FIB 2026 to open new opportunities for Brazilian industrial firms. Culture & Sports: Stray Kids drew 100,000 fans at Rock in Rio, becoming the first K-pop act to headline the festival, while Emirates reported strong winter demand with bookings ahead in Brazil. Health & Innovation: Fujirebio expanded access to blood-based neurology testing in Brazil after ANVISA authorization.

Brazil Supreme Court: Justice Flávio Dino unsealed a probe into the Bolsonaro biopic “Dark Horse,” citing suspected criminal financing ties—raising pressure on Sen. Flávio Bolsonaro ahead of October elections. BRICS Summit 2026 (New Delhi): Leaders adopted the New Delhi Declaration, pushing reforms to the UN and Bretton Woods institutions, more use of national currencies for intra-BRICS trade, interoperable cross-border payments, and an open-source AI push; Modi also warned against “weaponisation” of technology and critical minerals. Global diplomacy at BRICS: Xi and Modi signaled cautious rapprochement while Iran’s Pezeshkian argued that attacks on critical infrastructure make “economic resilience” unsustainable without security. Energy & trade: Putin proposed a BRICS insurance mechanism and a grain market to blunt sanctions impacts. Regional outreach: Modi met African leaders on the sidelines, including Ethiopia’s Abiy Ahmed and South Africa’s Ramaphosa, to deepen ties.

BRICS Summit in New Delhi: Leaders adopted the New Delhi Declaration, calling for maximum restraint amid Middle East escalation, condemning attacks on civilian infrastructure and peaceful nuclear facilities, and warning about growing nuclear conflict risks. Global Governance Push: PM Modi urged the Global South to move from rule-taker to rule-shaper, backing UN Security Council reform and stronger multilateralism. Trade & Payments: BRICS backed local-currency trade to cut transaction costs and said there’s no plan for a BRICS common currency for now, while also pushing cross-border payment cooperation. UN Chief on Peace: Antonio Guterres told the summit the world needs peace across Gaza, Ukraine, Sudan and beyond. Brazil Angle: Brazil’s foreign minister Mauro Vieira highlighted deeper strategic and economic ties with India as the bloc expands. Tech/Finance: Modi warned about weaponisation of technology and critical minerals, while India reported 50 practical outcomes from its BRICS chairship.

BRICS Summit Fallout: Leaders in New Delhi unanimously adopted the New Delhi Declaration 2026, pushing UN Security Council reform, local-currency trade inside the bloc, and a WTO dispute-settlement revival while warning against unilateral tariffs/sanctions and “acts of war.” Middle East De-escalation: The declaration calls for maximum restraint amid the West Asia conflict, condemns attacks on civilian infrastructure and nuclear sites, and backs dialogue and diplomacy to resolve disputes. Brazil Angle: Brazil is repeatedly cited in the push for a more multipolar global order and for expanding Global South influence in trade, finance, and technology rules. Diplomatic Theater: Xi urged BRICS to be a peace role in the Middle East; India’s Modi also released 20-year BRICS postage stamps and hosted cultural events like the BRICS Bazaar. Domestic Brazil Watch: Separate from BRICS, Brazil’s politics face new pressure as a corruption probe targets Flávio Bolsonaro ahead of the election. Sports/Local Life: In football, Philippe Coutinho is set to join Santos alongside Neymar, pending medicals.

Brazil Election Watch: Brazil’s Federal Police opened an investigation into presidential candidate Flávio Bolsonaro over alleged corruption, money laundering, and tax evasion tied to financing a biopic film about his father, with raids targeting people linked to “Dark Horse” and a court document citing possible misuse of parliamentary funds. BRICS Diplomacy: In New Delhi, BRICS opened amid wars and tariff pressure, with Xi Jinping arriving for talks with Modi and Brazil represented by Foreign Minister Mauro Vieira as leaders push for resilience, local-currency trade, and payment links. Regional Security at the Summit: Delhi Police arrested three people over alleged graffiti at Singhu Border ahead of BRICS, with claims of foreign funding and links to a banned group. India-UAE Partnership: Modi met Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan on BRICS sidelines, focusing on trade corridors and energy security as the UAE expands its BRICS role.

Brazil Election Probe: Brazil’s Federal Police opened a corruption and money-laundering investigation into presidential candidate Flávio Bolsonaro over alleged irregular financing tied to the “Dark Horse” film about Jair Bolsonaro, after Supreme Court Justice André Mendonça unsealed parts of the case involving former banker Daniel Vorcaro and about R$61 million. BRICS Summit in India: Leaders are arriving in New Delhi for the 18th BRICS Summit, with Brazil’s ties to the bloc in focus amid wars and sanctions; PM Modi pushed “resilient supply chains” and local-currency trade, while Iran’s Pezeshkian urged deeper BRICS integration through national currencies. Diplomacy Watch: Eduardo Bolsonaro said he will press the U.S. to reinstate sanctions on Supreme Court Justice Alexandre de Moraes during a Washington visit, as the campaign tightens. Economy & Costs: Diesel prices in the U.S. jumped past $6 a gallon, a reminder of how global fuel shocks ripple into everyday costs. Travel: Explora Journeys announced its first South America winter season for 2027-28, including new sailings calling at Brazil.

BRICS Summit in Delhi: Xi Jinping is set to attend the 18th BRICS Summit in New Delhi, with leaders including Vladimir Putin and Iranian President Masoud Pezeshkian arriving as wars in Ukraine and the Middle East test the bloc’s unity. India is pushing a “Building for Resilience, Innovation, Cooperation and Sustainability” agenda, while officials and experts frame the meeting as a shift from “representation to results,” including trade, finance and possible digital-payment links. Brazil-EU Trade Clash: Brazil’s ambassador to the EU warned that the EU’s suspension of Brazilian meat imports could “reverse expectations” tied to the EU-Mercosur deal, with producers fearing damage despite an EU audit. Brazil Politics & Justice: Brazilian police carried out raids over alleged embezzlement linked to a Bolsonaro biopic, with figures tied to the film facing bans on leaving the country. Sports & Culture: Real Madrid’s dressing room is reportedly worried about Vinicius Jr.’s treatment by some fans, while Brazil’s football presence also keeps popping up in international headlines.

Brazil Supreme Court Crisis: Brazil’s Supreme Court canceled a second straight session as its political and institutional fight deepens, with Chief Justice Luiz Edson Fachin ordering a full-bench review next Tuesday over whether Justice Alexandre de Moraes should face investigation tied to the Banco Master scandal. Election Poll Watch: A new AtlasIntel/Bloomberg simulated runoff shows Lula and Senator Flavio Bolsonaro statistically tied (46.2% vs 46.4%), with the first round also tightening. BRICS in Focus (Brazil’s role): Lula will skip the New Delhi BRICS summit to stay in Brazil for the election campaign, while Foreign Minister Mauro Vieira represents Brazil; India is pushing CBDC links and BRICS Pay plans to connect UPI with Russia’s Faster Payments System. Amazon Fund Anxiety: Amazon Fund grantees warn that a post-election shift could freeze or cut momentum after recent financing gains. Labor Rights: Federal prosecutors say Operation Rescue VI freed 479 people from labor analogous to slavery, including migrants from multiple countries, with coffee and seasonal crops among the worst-hit sectors. Tech & Payments: Separate reporting highlights BRICS-linked digital payments momentum and Brazil’s broader push for connectivity and tech cooperation.

BRICS Summit Security: New Delhi is bracing for the Sept. 12-13 BRICS Leaders’ Summit with about 25,000 security personnel deployed and major traffic diversions around Bharat Mandapam. Diplomatic Attendance: Leaders expected include Putin, Xi, Ramaphosa and Iran’s Pezeshkian, while the Philippines’ Marcos will attend as ASEAN chair. Local Disruptions: Delhi Traffic Police rescheduled the National Lok Adalat from Sept. 12 to Oct. 10 and shifted other court dates tied to summit days. Brazil-Linked Business: Brazil’s CMEC president urged women entrepreneurs to tap India’s tech and innovation ahead of BRICS. Trade Imbalance: India’s BRICS goods deficit ballooned to $226.1B in FY2026 as imports surged far faster than exports. Environment & Industry: The Alliance to End Plastic Waste said it cut 138,162 tonnes of unmanaged plastic waste in 2025 and backed the work with $641M in funding commitments.

Supreme Court Power Struggle: Brazil’s top court feud escalated as Justice Flávio Dino ordered the immediate reinstatement of the federal police chief after a colleague’s suspension, while President Lula demanded full transparency in the “Master Bank” case and criticized selective leaks ahead of the election. BRICS Diplomacy: Brazil’s role in the Sept. 12-13 BRICS summit in New Delhi is in focus as leaders push for resilience, economic cooperation and reforms, with attention on how developing countries can move from AI consumers to builders. Agribusiness & Food Trade: FedEx is investing R$75m to expand logistics capacity in Brazil, while farmers worldwide are pulling back on spending as margins tighten; separately, Brazil’s beef and animal-product export situation remains tied to EU restrictions and possible countermeasures. Tech & Security: MikroTik warned of router takeover risks tied to exploited flaws, and Consensys announced it will split MetaMask from its institutional blockchain business. Sports: João Pedro was recalled to Brazil’s national team for friendlies, and Brazilian winger Bia signed with the North Carolina Courage through 2027.