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Explaining Brazil

The Brazilian Reportbrazilian.report

News from Brazil, by The Brazilian Report — an independent media outlet uniquely positioned to offer an insider’s view of current affairs in Brazil.

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Episodes

Lula meets Trump in Washington

Editor-in-chief Gustavo Ribeiro sat down with historian James N. Green to unpack Lula's recent meeting with Donald Trump. While the visit yielded no concrete trade breakthroughs, it has been cast as a diplomatic victory, bolstering Lula's domestic standing against far-right rivals. The discussion also addresses political issues at home: the rejection of a Supreme Court nominee and the steady drift of legislative power toward a more conservative Congress. Send us your feedback Support the show...

May 08, 202652 min

Troubled ahead for Brazil-US relations?

What role will the United States play in Brazil's high-stakes 2026 elections? Join editor-in-chief Gustavo Ribeiro and historian James N. Green of the Brazil Office Alliance as they unpack the escalating tensions and potential for US interference in Brazil's upcoming presidential race Send us your feedback Support the show

Apr 23, 202648 min

Time to investigate Brazil's Supreme Court justices? (preview)

Amid deepening polarization and the judiciary’s growing role in the country’s political life, Brazil’s Supreme Court has become accustomed to being rated poorly by a significant share of the population. In recent years, most of that opposition has come from the far right, which saw the court as a barrier to its onslaught on democracy — including the attempted coup following the 2022 election. The problem now is that the dissatisfaction has become widespread — and is being driven precisely by a j...

Mar 19, 20268 min

Brazil's water leverage. And its fault lines (preview)

Humanity has entered what scientists are calling an “era of water bankruptcy.” According to the United Nations University, many critical water systems around the world are so overused — through depletion, overallocation, land and soil degradation, deforestation, and pollution, all compounded by climate change — that they can no longer be restored. At the same time, global warming and the spread of artificial intelligence promise to dramatically increase demand for water and clean energy across a...

Mar 05, 202613 min

An indigenous victory against Cargill on the Tapajós River (preview)

Advances in oil exploration and the construction of railways and highways in recent years have shown that, when large infrastructure projects clash with matters of Amazon preservation, the Brazilian government of Luiz Inácio Lula da Silva tends to favor the former. Some call this progress; others see it as ultimately self-defeating in the face of the ongoing climate emergency. But this week, the usual script of Brazilian developmentalism trumping environmentalism was turned on its head, and on t...

Feb 27, 202610 min

Brazilian stocks’ record run (preview)

190,000 points. After a string of record highs that have been piling up since mid-January, the Ibovespa — the benchmark index of São Paulo’s stock exchange, the B3 — surpassed this historic threshold during Wednesday, February 11, closing the day just shy of it. Financial trading volume totaled BRL 38.6 billion, or about USD 7.7 billion. With this result, and only six weeks into the year, Ibovespa has already posted gains of over 18% in 2026. To give a sense of the scale, stock exchange data on ...

Feb 13, 20267 min

Brasília enters an election year on edge (preview)

Brasília is back to work — and the new legislative year has opened with all the familiar rituals: lofty speeches about stability, institutional balance, and dialogue, plus promises of an ambitious agenda ahead. But this is no ordinary year. Brazil is heading into a high-stakes election in October. Voters will choose a president, renew the entire House, elect two-thirds of the Senate, pick 27 governors, and decide the fate of hundreds of state legislators. From now on, everything in Brasília will...

Feb 05, 202611 min

Banco Master and the Supreme Court: After the glory came the crisis (preview)

As the saying goes, the calm comes before the storm. In Brazil’s Supreme Court, the current crisis came after a period of glory and renown. In September 2025, the Supreme Court made history and became a global reference. Breaking with Brazil’s long tradition of impunity for military interference in politics, the court analyzed a wealth of evidence and convicted former President Jair Bolsonaro and top-ranking military officers for attempting a coup after losing the 2022 election. That same month,...

Jan 29, 202610 min

How the Mercosur-EU deal impacts Brazilian firms beyond exports (preview)

Amid a global context of eroding multilateralism and rising US trade wars, Mercosur and the European Union are trying to create a shared market for more than 700 million people. The proposed free trade zone for goods and services encompasses 27 European countries, plus Brazil, Argentina, Paraguay and Uruguay on the other side of the Atlantic, with Bolivia in the process of joining as well. Combined, the economies involved in the deal make up for approximately 20% of global GDP. The deal was fina...

Jan 21, 202612 min

What happened to Brazil-Venezuela relations? (preview)

Lula did not recognize Maduro’s 2024 election win, but his first two terms in office in the 2000s saw him make South American integration a top priority of Brazil’s foreign policy, and maintain close ties with the Hugo Chavez government of the time. Venezuela held the world’s largest oil reserves. It was a country with limited development in other sectors, highly dependent on imports, and eager to challenge a US-led world order. Brazil, meanwhile, had industrial goods, construction companies loo...

Jan 16, 202615 min

Trump’s Venezuela play: How it reshapes South America’s risk map (preview)

In Latin America, 2026 quite literally got off to an explosive start. Just before sunrise on January 2, the city of Caracas was violently awoken by the sound of bombs, as US forces launched a sudden, high-intensity strike on the Venezuelan capital. Within hours, President Nicolás Maduro and his wife, Cilia Flores, were in American custody — flown out of the country and headed to New York to face criminal charges. The Venezuelan government has provided no official death count from the strikes, bu...

Jan 05, 202613 min

Checks and balances turned into vendettas (preview)

In any democratic republic, it’s normal for the executive, legislative, and judicial branches to clash. That’s a sign of mutual oversight. It’s also normal for politicians to make concessions to their adversaries. That’s a sign of democracy. But the sequence of recent events in Brazilian politics has turned into a sweeping narrative about what happens when these dynamics of checks and balances slide into sheer revanchism and bargaining over the rule of law. Send us your feedback Support the show...

Dec 17, 202510 min

What needs repair in Brazil's public sector machine? (preview)

In a country with 27 state governments, more than 5,000 city halls, and around 12 million people working in the public sector, calls to reform — or improve — Brazil’s civil service never really seem to go away. We talked to Brazil's special secretary for state transformation — and asked him to compare the reform proposals coming from the lower house with the Lula administration's approach. Send us your feedback Support the show...

Dec 10, 202512 min

Good COP? Bad COP? (preview)

Carlos Nobre, head of the Planetary Science Pavilion at COP30 in the Amazon, talks to us about the conference’s results, the climate emergency we are living through, and what Brazil can still do. Send us your feedback Support the show

Nov 27, 202511 min

Brazil’s Central Bank led a revolution (preview)

Five years ago, Brazil launched a public digital payment infrastructure — and its impact on the financial market and society has been immense. Send us your feedback Support the show

Nov 17, 202510 min

Supreme Court to Brazilians: “Follow the money” (preview)

Over the past decade, Brazilian lawmakers have steadily built up procedures to expand their powers over the purse. That has included increasing the overall volume of congressional grants; making a large share of them mandatory spending; limiting the Executive’s discretion over when to release those funds, and creating ways to erase transparency and traceability from the process. A perfect recipe for corruption, which has now trickled down to state and municipal levels. But the Supreme Court has ...

Nov 10, 202511 min

COP30: Will climate action take root? (preview)

Each passing year, the United Nations Climate Change Conference (COP) gains more urgency. More and more biomes around the world are approaching what scientists call tipping points — the Amazon chief among them. Hosting the 30th edition of COP in Belém, one of the Amazon’s biggest cities, therefore represents one of the most significant responsibilities Brazil’s diplomacy has taken on in recent times. This week, we are joined by experts with distinct and diverse backgrounds to discuss the climate...

Oct 30, 202515 min

Who will be Brazil's next Supreme Court justice? (preview)

Justice Luís Roberto Barroso is retiring. We unpack how factors such as trust, political ties, and electoral considerations may guide President Lula’s next choice for the court. Listen to the full episode on Apple Podcasts , Spotify or on The Brazilian Report . Send us your feedback Support the show...

Oct 16, 20259 min

2026 election: A year away, what do polls say? (preview)

President Lula’s popularity has risen. We examine how this might impact the political landscape ahead of the next presidential election. Listen to the full episode on Apple Podcasts , Spotify or on The Brazilian Report . Send us your feedback Support the show...

Oct 14, 20255 min

Brazil's tax system fuels income inequality (preview)

Brazil’s Congress is discussing a proposal for income tax reform. Backed by the Lula administration, the bill seeks to make the country’s system more progressive. But just how unequal are taxes in Brazil? This week, we host economist Davi Bhering, who co-authored a Paris School of Economics study on Brazil’s tax income system. In our newly released episode of the Explaining Brazil podcast, he unpacks: Why Brazil’s income inequality may be higher than previously estimated. How the Brazilian syste...

Oct 01, 20258 min

Self-serving politics (preview)

Crowds on Sunday fanned out across Brazil’s 27 state capitals to denounce two measures moving through Congress: a constitutional amendment proposal that would essentially shield lawmakers from prosecution, and a bill that could forgive or soften penalties for those convicted of a coup attempt masterminded by former President Jair Bolsonaro and his acolytes. The demonstrations, initially organized in a spontaneous, online fashion and later embraced by left-of-center parties, were notable not only...

Sep 24, 202514 min

The PCC’s sprawling presence in Brazil’s economy (Preview)

A massive police operation exposed how deep Brazil's largest criminal organization has penetrated the legitimate economy. Rafael Alcadipani, a professor at the FGV’s School of Public Administration and a member of the Brazilian Forum on Public Safety, unpacks: How the PCC evolved into a mafia-like organization, with multiple economic activities. The impacts of this expansion on democracy. Brazil’s federal and state-level capacity to combat organized crime. How the United States might play a role...

Sep 17, 202510 min

Bolsonaro: from the barracks, to the presidency ... to prison? (preview)

The Brazilian Supreme Court has reached a majority to convict former President Jair Bolsonaro of leading a conspiracy to overturn his 2022 electoral defeat. The trial is about to bring an end to a political career long marked by authoritarian views and practices. To review Bolsonaro's political path, the Explaining Brazil podcast invited journalist Juliana Dal Piva. She is the author of the book “O Negócio do Jair” (“The Business of Jair”), published in 2022 by Editora Zahar, and the host of the...

Sep 11, 202517 min

Brazil's trial of the century (Preview)

The final stage of Jair Bolsonaro’s coup trial kicked off on September 2 in Brasília. After months of evidence-gathering, arguments and testimonies, the justices are expected to deliver their ruling by September 12, in what is arguably the most consequential trial in Brazil’s recent history. At the center of the case are the riots that occurred on January 8, 2023. They looked eerily like January 6 in the United States — but worse: crowds stormed not only Congress, but also the presidential palac...

Sep 04, 202513 min

Can Brazil own its digital destiny? (Preview)

At a time when US President Donald Trump is pressuring Brazil on both trade and military fronts, the country’s digital vulnerabilities have come into focus. The notion of sovereignty now extends beyond borders to the infrastructure, systems and data that underpin the digital world. How prepared is Brazil to secure its digital sovereignty? Listen to the full episode on Apple Podcasts or on The Brazilian Report . Send us your feedback Support the show...

Aug 26, 202513 min

The battle for control over Brazil's Congress (Preview)

A political drama has unfolded inside Congress. It started with a show of force: after former President Jair Bolsonaro was placed on house arrest, lawmakers loyal to him occupied both chambers, bringing the legislature to a halt. But beneath the theatrics, something more profound is unraveling — a leadership crisis. Listen to the full episode on Apple Podcasts or on The Brazilian Report . Send us your feedback Support the show...

Aug 19, 202510 min

Supreme Court places Bolsonaro under house arrest (Preview)

In this edition of #InsiderTalks, we’ve invited experts on law, democracy and electoral trends to analyze the trial of Bolsonaro and his allies for an alleged coup plot. Subscribe to Explaining Brazil Plus on Apple Podcasts for the full episode or go to The Brazilian Report and subscribe to get all of our content. Send us your feedback Support the show...

Aug 05, 20258 min

US tariffs: Brazil is negotiating with an “elected autocracy” (Preview)

Professor Felipe Campante of Johns Hopkins sees little room for success in negotiations between Brazil and the US, as only the former is following the rule of law. Subscribe to Explaining Brazil Plus on Apple Podcasts for the full episode or go to The Brazilian Report and subscribe to get all of our content. Send us your feedback Support the show...

Jul 28, 20257 min

Trump declares (trade) war on Brazil (Preview)

In this episode of Explaining Brazil Plus, we analyzed Donald Trump’s threat of a 50% tariff on Brazil and its possible impacts on the country's economy and politics. Subscribe to Explaining Brazil Plus on Apple Podcasts for the full episode or go to The Brazilian Report and subscribe to get all of our content. Send us your feedback Support the show...

Jul 14, 202513 min
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