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News  ›  Benzinga

Trump Administration Reverses Sanctions On Brazilian Judge Overseeing Bolsonaro Coup Case As Diplomatic Ties Warm

Benzinga Logo Benzinga By Ananya Gairola
Trump Administration Reverses Sanctions On Brazilian Judge Overseeing Bolsonaro Coup Case As Diplomatic Ties Warm

The U.S. Treasury Department lifted Magnitsky sanctions against Brazilian Supreme Court Justice Alexandre de Moraes, who oversaw the criminal case against former President Bolsonaro. This move signals improving diplomatic relations between the U.S. and Brazil under Trump and Lula's leadership.

Insights
RUMBW   positive

Expanding technological infrastructure through strategic acquisition and investment, demonstrating growth ambitions in cloud computing and AI


EWZ   neutral

The ETF showed modest gains following the sanctions reversal, indicating a stable market reaction to the diplomatic development