Brazil · Country watch
Brazil Inflation Forecast, Telecom Italia Control
Brazil's inflation forecast rises, while Poste Italiane gains control over TIM Brasil.
In this briefing Tribunal Superior do Trabalho · Correios · Poste Italiane · Telecom Italia · TIM Brasil · Banco Central do Brasil · Comitê de Política Monetária · Luiz Inácio Lula da Silva · World Trade Organization · United States
Disruption
TST suspends Correios strike judgment, strike continues
The Tribunal Superior do Trabalho (TST) has suspended the judgment regarding the ongoing strike by Correios workers, according to Folha de S.Paulo. The strike, which has lasted eight days, continues as negotiations between Correios and its employees remain unresolved. The TST had been mediating discussions, but with no agreement reached, the workers' union decided to maintain the strike action. This disruption affects postal services nationwide, impacting logistics and delivery operations.
Impact Logistics and e-commerce sectors face continued disruptions as the Correios strike persists, affecting delivery schedules and operations.
Sources: Folha de S.Paulo ↗, O Globo ↗
Companies
Poste Italiane takes control of Telecom Italia, TIM Brasil
Poste Italiane, the Italian state-owned postal service, has become the controlling shareholder of Telecom Italia, and by extension, TIM Brasil, according to Folha de S.Paulo. This acquisition allows Poste Italiane to indirectly control TIM Brasil, a major telecommunications provider in Brazil. The transaction involves a new window for shareholders to sell their shares to Poste Italiane between September 21 and 25, as the company consolidates its position in the telecommunications sector.
Impact Telecom investors and competitors in Brazil face a shift in market dynamics as Poste Italiane assumes control of TIM Brasil.
Sources: Folha de S.Paulo ↗, O Globo ↗
Markets
Brazil's inflation forecast rises to 4.92% for 2026
Part of: Brazil's inflation and Selic rate developments →
Brazil's inflation forecast for 2026 has been adjusted upwards to 4.92%, according to the Boletim Focus released by the Banco Central. This revision comes alongside a reduction in the projected Selic rate to 13.50% by year-end. The report, which reflects market expectations, follows the recent decision by the Comitê de Política Monetária (Copom) to cut the Selic rate by 0.25 percentage points. Analysts now anticipate further rate cuts within the year, signaling ongoing adjustments in monetary policy.
Impact Lenders and borrowers in Brazil face a higher inflation outlook, affecting interest rate expectations and financial planning.
Sources: CNN Brasil ↗, AgenciaBrasil ↗, O Globo ↗, Folha de S.Paulo ↗
Trade
Brazil to consult US on tariffs at WTO meeting
Part of: Brazil's WTO tariff consultations with the US →
The Brazilian government, led by President Luiz Inácio Lula da Silva, plans to question the United States regarding tariffs imposed by the Trump administration at a WTO meeting on September 25, Folha de S.Paulo reports. The tariffs, which can reach up to 37.5% for some sectors, are a point of contention as Brazil seeks to address trade barriers affecting its exports. The consultations are seen as a formal step in addressing these trade issues.
Impact Exporters in Brazil face ongoing challenges from US tariffs, impacting trade relations and market access.
Watch Consultations at the WTO are scheduled for September 25. · 25 September 2026
Sources: Folha de S.Paulo ↗
Nothing significant reported today in Regulation · Internal tension · Safety & health · Politics.
Also today in the local press
- EUA e China tratam de negociações sobre comércio e IA antes de encontro entre Trump e Xi Jinping — G1
- Ataque aéreo: drones que lançam bombas mudam padrão dos confrontos do crime organizado no Rio — Extra
- Dólar opera em baixa, com alívio do petróleo no exterior; Bolsa sobe — O Globo
- Dólar abre em queda com recuo do petróleo e cenário eleitoral no radar — Folha de S.Paulo
- Controles descontrolados — Folha de S.Paulo
- Fed e BoE ampliam análise sobre exposição de bancos a traders, diz jornal — CNN Brasil
- Índice de atividade nacional dos EUA cai a -0,04 em agosto — Jornal de Brasília
- Ibovespa abre em alta com petróleo em baixa e pesquisa eleitoral; dólar cai — CNN Brasil
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.