Brazil's federal audit court TCU deferred its ruling on the Banco Master case despite the conclusion of an internal audit amid elements under review by ​other authorities that are necessary for its decision, the judge overseeing the ‌case said on Tuesday. In February, Reuters had already reported that the TCU audit did not give any recommendations regarding the central bank's conduct in the liquidation of Banco Master in November amid a sharp ​liquidity crisis and alleged sale of fraudulent credit portfolios.

Brazil's new Finance Minister, Dario Durigan, plans to adjust the ministry's communication strategy and postpone ​tax measures, including rules on crypto taxation, as the ‌country heads into a presidential election this year, two sources familiar with the matter told Reuters. Durigan, who took office on Friday after ​Fernando Haddad stepped down to run for Sao Paulo governor, ​intends to prioritize microeconomic legislation while delaying divisive fiscal ⁠plans to avoid losing political capital in Congress, the ​sources said.

Brazil's Companhia Siderurgica Nacional (SID) jumped 10.9% in Monday's trading after saying it reached agreement for a group of banks to extend the company a $1.2B loan, easing concerns about its ability to meet near-term obligations, SeekingAlpha.com reported. The credit line is expected to be partially secured by certain assets designated for sale and can be increased to $1.4B, Bloomberg reported, citing a regulatory filing.

Alliança Saúde has turned to the courts for temporary protection as it faces mounting debt obligations, BitGet.com reported. The company is proactively requesting judicial assistance to manage approximately 155 million reais in principal and interest payments scheduled for April and October. This move follows a clear signal from credit markets: Fitch Ratings recently lowered Alliança's rating to CCC+, citing insufficient liquidity as of September 2025 to meet these payments. Rather than a last-minute reaction, this is a calculated step to pause and reassess, prompted by the downgrade.

The United States has extended a license that protects Venezuela-owned refiner Citgo Petroleum ​from creditors through May 5, according to a posting on ‌Thursday on the Treasury Department's website, Reuters reported. The extension comes a day after Washington issued a general license broadly authorizing U.S. companies to do business with Citgo's ultimate parent, ​Caracas-headquartered Venezuelan state-run oil company PDVSA. The general license is seen ​as a key step to encourage investment and further ⁠oil output in Venezuela, and also reinforces U.S.

Argentina won an order blocking holders of a US$16.1-billion US judgment against it from seeking information on seizable assets until a federal appeals court in New York rules on the nation’s challenge to the award, Bloomberg reported. The U.S. Court of Appeals for the Second Circuit on Wednesday paused efforts by former YPF SA shareholders backed by litigation funder Burford Capital to obtain the communications of current and former Argentine officials or pursue evidence related to the location of gold bars the country’s central bank moved overseas.

A court in Buenos Aires has ordered the blocking of prediction market platform Polymarket in Argentina, according to reports in local media, Decrypt.com reported. The order, issued by Judge Susana Parada following an investigation led by prosecutor Juan Rozas from the city’s specialized gambling prosecution office, directs telecom authorities to implement network-level access restrictions and requires the removal of the Polymarket app from Google and Apple’s app stores in the country.

The conflict in the Middle East may force the hand of Brazil’s central bank, and not in a good way. The central bank has heavily foreshadowed a rate cut on March 18. However, the escalating war in the Middle East may throw cold water on those plans, and Brazil’s market rally, the Wall Street Journal reported. “If oil prices start climbing high or [if] they stay high, then, yes, the central bank might hold,” Juan Egaña, a strategist at BCA Research, said. "Brazilian markets have rallied so much in expectation that monetary easing is coming,” said Egaña.

Brazilian sugar and ethanol producer Raizen said on Wednesday that it had reached an out-of-court agreement with creditors and bondholders to restructure approximately 65.1 billion reais ($12.61 billion) in debt obligations, Reuters reported. The joint venture between oil ​major Shell and Brazilian conglomerate Cosan had been in months-long talks seeking ways to strengthen ​its capital structure and tackle its significant debt burden. Raizen said in a securities filing ⁠that creditors holding 47% of its unsecured debt had already endorsed the plan.

Brazil has seen an increase in the volume of judicial restructurings, including those involving large business groups, BNAmericas.com reported. The number of companies in Brazil under bankruptcy protection reached 5.680 at the end of 2025, compared with a total of 4.233 companies, according to data from RGF Associados, a company specialized in judicial recovery. Currently, the interest rate in Brazil is at 15%, the highest level since mid-2006, amid the Central Bank’s attempt to keep inflation within the target set by the monetary authority.