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Explaining Brazil

The Brazilian Report
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News from Brazil, by The Brazilian Report — an independent media outlet uniquely positioned to offer an insider’s view of current affairs in Brazil.

  1. -5 DIAS

    An indigenous victory against Cargill on the Tapajós River (preview)

    Advances in oil exploration and the construction of railways and highways in recent years have shown that, when large infrastructure projects clash with matters of Amazon preservation, the Brazilian government of Luiz Inácio Lula da Silva tends to favor the former.  Some call this progress; others see it as ultimately self-defeating in the face of the ongoing climate emergency. But this week, the usual script of Brazilian developmentalism trumping environmentalism was turned on its head, and on the Amazonian Tapajós River in Pará state, environmentalist forces prevailed. Send us your feedback Support the show

    10 min
  2. An indigenous victory against Cargill on the Tapajós River

    -6 DIAS • APENAS PARA ASSINANTES

    An indigenous victory against Cargill on the Tapajós River

    Advances in oil exploration and the construction of railways and highways in recent years have shown that, when large infrastructure projects clash with matters of Amazon preservation, the Brazilian government of Luiz Inácio Lula da Silva tends to favor the former. Some call this progress; others see it as ultimately self-defeating in the face of the ongoing climate emergency. But this week, the usual script of Brazilian developmentalism trumping environmentalism was turned on its head, and on the Amazonian Tapajós River in Pará state, environmentalist forces prevailed.

    35 min

  3. 13/02

    Brazilian stocks’ record run (preview)

    190,000 points. After a string of record highs that have been piling up since mid-January, the Ibovespa — the benchmark index of São Paulo’s stock exchange, the B3 — surpassed this historic threshold during Wednesday, February 11, closing the day just shy of it. Financial trading volume totaled BRL 38.6 billion, or about USD 7.7 billion. With this result, and only six weeks into the year, Ibovespa has already posted gains of over 18% in 2026. To give a sense of the scale, stock exchange data on foreign investor flows show a net inflow of BRL 26.3 billion in January alone — exceeding the surplus recorded for the entire year of 2025. Send us your feedback Support the show

    7 min
  4. Brazilian stocks’ record run

    13/02 • APENAS PARA ASSINANTES

    Brazilian stocks’ record run

    190,000 points. After a string of record highs that have been piling up since mid-January, the Ibovespa — the benchmark index of São Paulo’s stock exchange, the B3 — surpassed this historic threshold during Wednesday, February 11, closing the day just shy of it. Financial trading volume totaled BRL 38.6 billion, or about USD 7.7 billion. With this result, and only six weeks into the year, Ibovespa has already posted gains of over 18% in 2026. To give a sense of the scale, stock exchange data on foreign investor flows show a net inflow of BRL 26.3 billion in January alone — exceeding the surplus recorded for the entire year of 2025.

    29 min

  5. 5/02

    Brasília enters an election year on edge (preview)

    Brasília is back to work — and the new legislative year has opened with all the familiar rituals: lofty speeches about stability, institutional balance, and dialogue, plus promises of an ambitious agenda ahead. But this is no ordinary year. Brazil is heading into a high-stakes election in October. Voters will choose a president, renew the entire House, elect two-thirds of the Senate, pick 27 governors, and decide the fate of hundreds of state legislators. From now on, everything in Brasília will be filtered through the election calendar — what Congress dares to vote on, what the government is willing to push forward, and even how and when Supreme Court justices make their moves. And looming over all of it is a growing source of anxiety. Hovering above the capital is the Banco Master case — an investigation lawmakers privately describe as unpredictable, corrosive, and potentially explosive. We touched on it last week, but its shadow is only getting longer. Since Operation Car Wash erupted in 2014, Congress has not entered an election year under such a serious risk of being overwhelmed by corruption allegations — the kind that can torpedo campaigns, reshape alliances, and, in some cases, lead to criminal consequences. Send us your feedback Support the show

    11 min
  6. Brasília enters an election year on edge

    5/02 • APENAS PARA ASSINANTES

    Brasília enters an election year on edge

    Brasília is back to work — and the new legislative year has opened with all the familiar rituals: lofty speeches about stability, institutional balance, and dialogue, plus promises of an ambitious agenda ahead. But this is no ordinary year. Brazil is heading into a high-stakes election in October. Voters will choose a president, renew the entire House, elect two-thirds of the Senate, pick 27 governors, and decide the fate of hundreds of state legislators. From now on, everything in Brasília will be filtered through the election calendar — what Congress dares to vote on, what the government is willing to push forward, and even how and when Supreme Court justices make their moves. And looming over all of it is a growing source of anxiety. Hovering above the capital is the Banco Master case — an investigation lawmakers privately describe as unpredictable, corrosive, and potentially explosive. We touched on it last week, but its shadow is only getting longer. Since Operation Car Wash erupted in 2014, Congress has not entered an election year under such a serious risk of being overwhelmed by corruption allegations — the kind that can torpedo campaigns, reshape alliances, and, in some cases, lead to criminal consequences.

    39 min

  7. 29/01

    Banco Master and the Supreme Court: After the glory came the crisis (preview)

    As the saying goes, the calm comes before the storm. In Brazil’s Supreme Court, the current crisis came after a period of glory and renown. In September 2025, the Supreme Court made history and became a global reference. Breaking with Brazil’s long tradition of impunity for military interference in politics, the court analyzed a wealth of evidence and convicted former President Jair Bolsonaro and top-ranking military officers for attempting a coup after losing the 2022 election. That same month, Edson Fachin took office as the Supreme Court Chief Justice and quickly expressed his desire to create a code of conduct for members of the top court. Apparent conflicts of interest involving justices are common — and preventing them is also a way to strengthen the rule of law. In December, however, the court was pulled into the swirling scandal involving Banco Master — a mid-sized lender that was liquidated amid suspicions of fraud involving billions of reais. The bank’s owner, Daniel Vorcaro, has ties to state governors, lawmakers, high-ranking executive personnel and justices, putting many people under suspicion across the political spectrum. Late last year, the press revealed that the wife of Justice Alexandre de Moraes had signed a three-year contract with Banco Master worth BRL 129 million (USD 25 million) to work as a lawyer for the bank. The contract's value raised eyebrows. Soon after, it became public that Justice Dias Toffoli, the rapporteur of the Master case, had recently traveled on a private jet to a football match with the lawyer of one of the bank’s former executives. That alone would already be inappropriate. But from there, the problems only piled up. Send us your feedback Support the show

    10 min
  8. Banco Master and the Supreme Court: After the glory came the crisis

    29/01 • APENAS PARA ASSINANTES

    Banco Master and the Supreme Court: After the glory came the crisis

    As the saying goes, the calm comes before the storm. In Brazil’s Supreme Court, the current crisis came after a period of glory and renown. In September 2025, the Supreme Court made history and became a global reference. Breaking with Brazil’s long tradition of impunity for military interference in politics, the court analyzed a wealth of evidence and convicted former President Jair Bolsonaro and top-ranking military officers for attempting a coup after losing the 2022 election. That same month, Edson Fachin took office as the Supreme Court Chief Justice and quickly expressed his desire to create a code of conduct for members of the top court. Apparent conflicts of interest involving justices are common — and preventing them is also a way to strengthen the rule of law. In December, however, the court was pulled into the swirling scandal involving Banco Master — a mid-sized lender that was liquidated amid suspicions of fraud involving billions of reais. The bank’s owner, Daniel Vorcaro, has ties to state governors, lawmakers, high-ranking executive personnel and justices, putting many people under suspicion across the political spectrum. Late last year, the press revealed that the wife of Justice Alexandre de Moraes had signed a three-year contract with Banco Master worth BRL 129 million (USD 25 million) to work as a lawyer for the bank. The contract's value raised eyebrows. Soon after, it became public that Justice Dias Toffoli, the rapporteur of the Master case, had recently traveled on a private jet to a football match with the lawyer of one of the bank’s former executives. That alone would already be inappropriate. But from there, the problems only piled up.

    37 min
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Sobre

News from Brazil, by The Brazilian Report — an independent media outlet uniquely positioned to offer an insider’s view of current affairs in Brazil.

Informação

  • Autoria
    The Brazilian Report
  • Anos em atividade
    2018 - 2026
  • Episódios
    413
  • Classificação
    Para todos
  • Copyright
    © 2026 The Brazilian Report
  • Site do programa
    Explaining Brazil
  • Fornecedor

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