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Brazil's Provisional Presidential Decree No. 1,394 has imposed an immediate ban on fixed-odds betting operations, including sports betting and online gaming, affecting both domestic and foreign operators serving Brazilian customers. The measure establishes strict deadlines for platform shutdowns, bettor refunds, and the termination of existing authorizations, while imposing new obligations on financial institutions, technology companies, and advertising participants.

Recent rulings from Brazil's Federal Court of Accounts reinforce substance over form in public procurement under Law 14.133/2021, while the government advances new strategies for port terminal auctions and railway reactivation through permanent offering mechanisms.

Markets in Brazil surged following Flavio Bolsonaro's strong first-round performance in the presidential elections, with investors pricing in the likelihood of a conservative shift in Brazilian politics. The election results revealed significant gains for right-wing parties in Congress, potentially reshaping Brazil's domestic policy, regional alliances, and international economic relationships. How will a possible Bolsonaro presidency impact fiscal reforms, US-China relations, and Brazil's role in global in