AGP Executive Report
Last update: 9 hours agoFuel Costs: Lula’s government cut federal gasoline taxes for 30 days and expanded diesel and ethanol subsidies ahead of the Oct. 25 runoff, seeking to ease prices as inflation climbed to 4.58% year on year in September. Markets: Foreign investors poured a record R$10 billion into Brazilian stocks, with the tight presidential race sharpening focus on economic policy and public finances. Digital Finance: Pix has surpassed 170 million users, while exchange operator B3 is preparing a tokenized securities platform for early 2027, pending regulatory approvals. Betting Regulation: A court reprieve lets Stake continue operating in Brazil for now, as the industry challenges a sweeping ban that has raised concerns about jobs, tax revenue and a shift to illegal gambling.
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