Good morning! Today we are covering the possible ties of the Bolsonaro family to organized crime. One of Brazil’s largest investment banks suspected of insider trading. The downfall of the Brazilian Mint. And a new crisis in South America. (This newsletter is for platinum subscribers only. Become one now!)
The links between Jair Bolsonaro and urban militias
In yesterday’s Briefing, we informed you about the new arrests in the case of Marielle Franco, the left-wing Rio city councilor assassinated in March 2018. Over the course of the day, however, it became public that one of the four people arrested has at least some kind of connection with the Bolsonaro family (appearing in photos with President Bolsonaro himself, and his son Carlos—who serves as a city councilor in Rio).
Why it matters. Mr. Bolsonaro and his sons were elected to public office based on an anti-corruption campaign. But, as new information appears in the Marielle Franco case, one question becomes more and more relevant: how deep do the president’s connections with organized crime run?
Important. Before exploring these apparent ties, it is important to note that no member of the Bolsonaro family is formally under investigation in connection to the murder...