Key Points The Safra family banking dynasty traces its roots to 1840s Aleppo and today controls over $590 billion in assets under management across Banco Safra, J. Safra Sarasin, and Safra National Bank of New York — making it one of the most consequential private banking empires in the world. A multi-year inheritance dispute between […]

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Key Points Palmeiras lead the 2026 Brasileirão by six points after 11 rounds, while Flamengo — despite sacking their most successful coach hours after an 8-0 win — are flying in the Copa Libertadores under new boss Leonardo Jardim. Flamengo’s annual revenue reached a record US$380 million, making them the only non-European club near the […]

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Key Points Rodrigo Paz ended two decades of MAS rule in November 2025 and immediately declared an economic emergency, cutting fuel subsidies, slashing the budget, and securing over $8 billion in multilateral financing — halving Bolivia’s country risk from ~2,100 to 477 basis points within months. S&P issued a rare double-notch upgrade (CCC− to CCC+) […]

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Key Points Gilmar Mendes, the STF’s longest-serving active justice, faces a formal congressional impeachment recommendation for the first time in Brazilian history — stemming from the Banco Master financial scandal and allegations he annulled legislative subpoenas to protect colleague justices. His private law institute (IDP) has received documented funding from JBS (a firm convicted in […]

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