Banco Master

A curated breakdown of the key developments, investigations, and perspectives shaping the Banco Master banking fraud case in Brazil.

Banco Master

Sep 10, 2026

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9 min read

🦑 Unleash the Kraken

Jair Bolsonaro's biopic is back in the headlines for the wrong reasons. Chief justice tries to restore order to the Supreme Court. How Lula hopes to revive his campaign.

Gustavo Ribeiro

Banco Master

Sep 8, 2026

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10 min read

💥 Past the firebreak

Federal Police chief removed from office. Independence Day rallies turn into protests against Justice Moraes. What has worried the Lula campaign.

Gustavo Ribeiro

Banco Master

Sep 4, 2026

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9 min read

🏛️ From bad to worse

Supreme Court feud sets off an unusually vicious wave of leaks. Electoral court lands on a deepfake definition. The upcoming fracking trial.

Gustavo Ribeiro

Banco Master

Sep 2, 2026

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10 min read

💣 Justice vs. justice

The Supreme Court's latest institutional crisis is unprecedented. What to make of Augusto Cury's shocking rise in the polls. The Senate picks a new member of the Federal Accounts Court.

Gustavo Ribeiro, +1

Banco Master

Jul 24, 2026

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8 min read

😖 Another brick in the tariff wall

The US slaps new tariffs on Brazil. Flávio and Michelle Bolsonaro call a truce. Fuel subsidies stay on as the war in Iran drags on.

Gustavo Ribeiro

Banco Master

Jul 23, 2026

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9 min read

🛡️ Cushioning the blow

How Brazil plans to protect exporters. Lula might skip first-round debates. Flávio is again mired in scandal.

Gustavo Ribeiro

Banco Master

Jul 10, 2026

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9 min read

⛽ Crude timing

Middle East war forces a fuel-subsidy U-turn. Brazil's fresh inflation reading. A fresh operation closes in on Banco Master.

Gustavo Ribeiro

Banco Master

Jun 18, 2026

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8 min read

🦅 Hawkish prose, dovish move 🕊️

The Central Bank's latest rate decision. What Lula did during the G7 Summit. The Master investigation gets closer to the government.

Gustavo Ribeiro

Banco Master

Jun 10, 2026

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8 min read

🪨 Brazil has reserves, not regulators

Budget cuts for regulators raise concerns amid rare-earth push. The latest polls are going in Lula’s favor. The Banco Master investigations reach the Bahamas.

Gustavo Ribeiro

Banco Master

Jun 1, 2026

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10 min read

⚠️ Pix at risk?

The US’s sword of Damocles over Brazil's economy. Vorcaro’s plea deal negotiations continue. Our interview with the Dutch ambassador to Brazil.

Gustavo Ribeiro, +1

Banco Master

May 26, 2026

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8 min read

🕞 Clocking out

The agreement to scrap the six-day workweek. Brazilian oil amid the Middle East crisis. Police search Rio ex-governor’s home for the second time in two weeks.

Gustavo Ribeiro

Banco Master

May 25, 2026

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8 min read

😎 Impunity drive

The latest self-preservation measures from Brazil’s Congress. The Vorcaro leaks have affected Flávio’s polling, but he’s not out of contention. Outside capital on the cards for flailing Correios?

Gustavo Ribeiro

Banco Master

May 19, 2026

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7 min read

👮 A law-and-order plot twist

What Brazilians really want when it comes to public security. Flávio Bolsonaro must answer to his own party in today’s showdown meeting.

Gustavo Ribeiro

Banco Master

💡 Every institutional crisis is an electoral opportunity

May 18, 2026

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8 min read

💡 Every institutional crisis is an electoral opportunity

Joaquim Barbosa set for an outsider presidential run. What’s next for Flávio Bolsonaro after the compromising Banco Master leaks? Airlines try to save fuel while the Iran conflict continues.

Gustavo Ribeiro

Banco Master

May 15, 2026

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10 min read

🐴 Bolsonaro's ‘Dark Horse’ turns Trojan

What the Vorcaro leaks could mean for Flávio Bolsonaro’s candidacy going forward. Out of office for a matter of weeks, Rio’s ex-governor already faces police trouble.

Gustavo Ribeiro

Banco Master

🗯 The Master scandal reaches the Bolsonaros

May 14, 2026

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9 min read

🗯 The Master scandal reaches the Bolsonaros

Flávio Bolsonaro gets roped into the Banco Master scandal. Lula’s latest fuel prices measure. Brazil’s first IPO in half a decade.

Gustavo Ribeiro, +1

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