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Brazil's Debt Crisis Deepens: 8.9M Firms in Default as Lula's Lead Vanishes

Summary by The Rio Times
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…

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larepublica.co broke the news in Bogotá, Colombia on Tuesday, May 5, 2026.
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