AGP Executive Report
Last update: 6 hours agoEconomic Outlook: Brazil’s largest banks have cut 2027 growth forecasts to just 0.3%–0.4%, citing high interest rates and a worsening inflation outlook—raising pressure on Lula’s spending and fiscal plans. Politics & Resources: Fresh from reelection, Lula is set to join ASEAN leaders in Manila as his government advances a strategy to develop 27 critical minerals at home and limit foreign access. São Paulo Grand Prix: Kimi Antonelli topped Friday’s second practice at Interlagos, ahead of Lando Norris, as teams prepare for the Brazilian race. Climate Diplomacy: Brazil is urging COP31 negotiators to pursue a global roadmap away from fossil fuels. Law: A Rio court convicted lawyer Heriberto de Miranda Jordão Filho of racism after he called for Jews to be removed from legal leadership; his prison sentence was replaced with community service, and he plans to appeal. Football: Santos appointed Neymar’s father and agent as CEO, in a bid to strengthen the club’s management.
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