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Brazil court grants house arrest to elderly January 8 defendants

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Brazil’s Supreme Court granted humanitarian house arrest to those over 70 who were convicted of participating in the January 8, 2023 coup attempt.

The decision was signed on Friday (Apr. 24) by Justice Alexandre de Moraes, the rapporteur for cases related to the attempted coup d’état.

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Moraes applied the Criminal Enforcement Law, which allows for the granting of house arrest to individuals over 70. The decision also benefits 18 other elderly inmates with serious illnesses.

One of the beneficiaries was 70-year-old retiree Maria de Fátima Mendonça Jacinto, known as Fátima from Tubarão, who was sentenced to 17 years in prison and has already served three years, ten months, and 24 days.

According to the case that led to her conviction, Jacinto broke into the Supreme Court’s headquarters, smashing windows, chairs, tables, and works of art, and posted the acts on social media. Based on the videos, she was identified and arrested by the Federal Police of Brazil two weeks after the coup-related acts.

Fátima Jacinto and the other elderly individuals must comply with precautionary measures, including wearing an electronic ankle monitor, surrendering their passports, refraining from leaving the country, using social media, or maintaining contact with others under investigation.

Those granted these measures may receive visitors only with prior authorization from the justice.

In the event of non-compliance, Moraes may order the return of the convicted individuals to a closed prison regime.

Despite being granted house arrest, the convicted individuals remain jointly liable for the payment of BRL 30 million in damages resulting from the vandalism of the Supreme Court building, the Congress, and the Planalto presidential palace.

According to the latest data released in January by the Supreme Court, the Court’s First Panel has convicted 1,399 individuals accused of participating in acts that sought to undermine Brazilian democracy and the functioning of its institutions. According to the report, 179 people are currently in prison, 114 of them in a closed regime following the finalization of their convictions.

Following the coup attempts, the Office of the Attorney General filed 1,734 criminal cases with the Supreme Court. The charges were divided among instigators, perpetrators, and four main nuclei that supported former President Jair Bolsonaro’s attempt to remain in power after losing the election, thereby subverting the democratic order, according to the Supreme Court.

The report shows that the majority - 979 people (68.9%) - were charged with less serious offenses and received sentences of up to one year in prison (415) or benefited from non-prosecution agreements.

Brazil: Embraer reports 22% increase in orders in first quarter

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Embraer announced on Monday (Apr. 27) its consolidated order backlog for the quarter, indicating a 22 percent increase compared to the first quarter of 2025. The result was driven by growth in commercial aviation orders, which rose 50 percent to an order backlog of USD 15 billion.

Embraer’s total order backlog reached USD 32.1 billion in the first quarter of 2026, marking the company’s sixth record-high level.

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The company delivered 44 aircraft during the period across all business units. This represents a 47 percent increase compared to the 30 deliveries in the first quarter of 2025 and accounts for 16 percent of the deliveries projected for 2026. The company expects to deliver between 240 and 255 aircraft in 2026 across business and commercial aviation.

The highlight was commercial aviation sales to Europe, with Finnish airline Finnair placing an order for up to 46 E195-E2 aircraft, including 18 official purchase orders, as well as options and purchase rights.

The company also announced that the Embraer Phenom 300 family has been recognized as the world’s best-selling light jet for the 14th consecutive year.

The Services & Support segment reached a record high, with revenues of approximately USD 5.1 billion, up 11 percent from the previous year.

High interest rates continue to weigh on Brazilian household debt

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Monetary and Credit Statistics released on Monday (Apr. 27) by Brazil’s Central Bank indicate that households remain under pressure from high borrowing costs and are turning to short-term options such as credit cards.

In March, the average interest rate on unsecured credit to individuals remained high at 61.5 percent per year, despite a monthly decline of 0.4 percentage points (p.p.).

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With Brazilians paying such high interest rates, delinquency on total credit in the National Financial System (SFN) stood at 4.3 percent of the portfolio in March, down 0.1 percentage points (p.p.) in the month but up 1.0 percentage point over 12 months.

Among households, the rate reached 5.3 percent, up 1.4 percentage points over one year.

According to the bank, Brazilian household debt reached 49.9 percent of the SFN’s total credit in February (up 0.1 percentage points in the month and 1.3 percentage points over 12 months), while the share of income committed to debt reached 29.7 percent (up 0.2 percentage points in the month and 1.9 percentage points year over year).

Household credit continues to expand

The outstanding balance of credit operations in the National Financial System (SFN) totaled BRL 7.2 trillion in March, up 0.9 percent in the month.

Credit to households reached BRL 4.5 trillion, up 0.8 percent in the month and 10.9 percent over the past 12 months.

For unsecured credit to individuals, the balance reached BRL 2.5 trillion, up 1.1 percent in the month and 12.3 percent compared to March 2025. The Central Bank highlighted the increase in cash credit card transactions, payroll loans for private-sector workers, and auto loans.

Credit directed at households - which includes lines with terms and conditions defined by specific rules - totaled BRL 2.0 trillion, up 0.5 percent in the month and 9.3 percent over 12 months.

Expanded credit reaches BRL 21 trillion

Total credit extended to the non-financial sector reached BRL 21.0 trillion in March, equivalent to 162.3 percent of gross domestic product (GDP—the sum of all final goods and services produced in a country, state, or city, generally over a year), down 0.3 percent in the month. Over 12 months, it increased by 11.2 percent.

Of the total, credit to companies reached BRL 7.1 trillion, up 1.5 percent in the month, driven mainly by private debt securities, external loans, and SFN operations.

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