Reported about 10 hours ago
Banco do Brasil has requested Brazil's solicitor general to intervene against misinformation alleging the bank faces U.S. sanctions due to its ties with a sanctioned judge. The state-run bank warned that continued false claims could lead to damaging consequences for the financial system and has begun legal action to protect its reputation against what it describes as 'false and malicious' social media posts. The situation highlights the tensions in U.S.-Brazil relations, exacerbated by recent sanctions imposed by the U.S. government.
Source: YAHOO