Brazil entered May 2026 with 8.9 million company-tax registrations in default per Serasa Experian and roughly 80 million individuals delinquent on debts older than 90 days, the highest readings in the agency’s series. Total household and corporate debt in default reaches 557 billion Brazilian reais (about 110 billion U.S. dollars at the recent rate of […] The post Brazil’s Debt Crisis Deepens: 8.9M Firms in Default as Lula’s Lead Vanishes appear…
The wave of companies in difficulty arises at a time when Lula, the president of the left, has seen his advantage fade away in the polls on right-wing senator Flávio Bolsonaro