VIDEOS: NE1 of Wednesday, February 18, 2026
The news covers several topics including the financial status of Banco Pleno, a potential crisis in the Brazilian Supreme Court, legislative changes by President Lula, and carnival celebrations in Rio de Janeiro.
The article discusses the alarming financial situation of Banco Pleno, which reportedly has 160,000 creditors owed R$ 4.9 billion in guarantees. This underscores significant economic challenges in Brazil, highlighting the risks posed by financial institutions failing to meet their obligations to numerous lenders. Additionally, the piece touches on Augusto Lima, the owner of Banco Pleno, and his previous business partnerships, further illuminating the intertwining of personal and financial interests in the banking sector.
In the political sphere, the article illustrates concerns among ministers regarding a potential crisis in the Supreme Court (STF), fearing that it may affect the impartiality of judicial decisions. This adds to the unstable political landscape in Brazil, which has been facing scrutiny over its judicial independence and the implications for governance, particularly regarding electoral processes and public trust in legal institutions.
Furthermore, the article highlights President Lula's recent approval of salary increases within the Legislative branch, yet he has vetoed amounts exceeding the established ceiling, indicating a cautious approach to fiscal policy amid broader economic constraints. As Brazil celebrates its renowned carnival, the report also shares insights about the vibrant festivities occurring in Rio de Janeiro, including the spectacular parades in SapucaÃ, juxtaposed with warnings of severe weather conditions that could impact celebrations.