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Central Bank Raises Concerns Over Alliance Between Supreme Court and Government

Central Bank Expresses Apprehension Regarding Perceived Alliance


Postada em 28/09/2024 às 04:59
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The Central Bank of Brazil has reportedly raised concerns over a perceived alliance between the Supreme Court and the government. Sources within the bank have expressed apprehension that this alliance could potentially undermine the independence of the judiciary and the autonomy of the bank. The bank's concerns stem from recent decisions by the Supreme Court that have been seen as favorable to the government, as well as from the appointment of judges to the court who are considered to be politically aligned with the government. The bank's concerns are shared by some members of the business community, who fear that the perceived alliance could lead to a weakening of the rule of law and a reduction in investor confidence. The government has not yet publicly commented on the bank's concerns, but it is expected to do so in the coming days.