

Tiago Queiroz
9.1K posts

@TAQ01
Terrabolista, Corinthiano. #013 dando pitacos aqui e acolá












The biggest scandal rattling Brazilian politics is by far that of Banco Master — a mid-sized lender that was liquidated by the Central Bank due to fraud. The bank is suspected of having ties to criminal organizations and its CEO, Daniel Vorcaro (who was arrested on Wednesday), was dangerously close to many high-profile figures. It is quickly becoming the most serious test of the country’s institutions in at least a decade. newsletters.brazilian.report/p/banco-master…




🇧🇷 Brazil’s Pix payment system now processes more transactions than Visa and Mastercard combined 🤯 According to Banco Central do Brasil, Pix handled 224+ million transactions in a single day, overtaking the combined domestic volumes of Visa and Mastercard. Let’s put that into context. Pix launched in November 2020. In under five years, it became the default payment method for more than 150 million Brazilians, roughly 70% (❗️) of the population. It’s: • Instant • 24/7 • Free for consumers • Near-zero cost for merchants • Mandatory for large banks That combination changed everything. For decades, Brazil’s merchants paid 2–5% per card transaction. Pix removed most of that friction overnight. For a street vendor in Recife or a small business in São Paulo, the math became obvious. But this isn’t just about transaction volume. Pix brought an estimated 71 million unbanked or underbanked Brazilians into the digital economy. That’s one of the largest financial inclusion shifts in modern history. And strategically, this is even bigger: A government-built rail is directly competing with — and outscaling — private global card networks. This raises a fundamental question for the global payments ecosystem: If public, low-cost, interoperable infrastructure can scale this fast… what does that mean for the long-term economics of interchange? Brazil may not just have built a payment system. It may have built a blueprint. Together with 🇮🇳 India’s UPI, this might be the most successful payments story of the past decade. What do you think? Will more central banks follow this path?

O Sicário morreu na prisão. Epstein também.


It's hard to imagine a more dishonest graph than this one by the Guardian claiming China is bringing people out of poverty while the US is not. The US poverty rate has been so low for >30 years that it wouldn't even show up on the China graph if it had been plotted to scale!

As ações na Justiça do Trabalho voltaram a crescer após a reforma trabalhista…

