Brazil

X, the social media platform, paid a substantial fine of R$ 28.6 million ($5.1 million) to Brazils Supreme Federal Court in an effort to resume operation.This payment aimed to lift the suspension imposed on the platform in late August.
The fine breakdown includes R$ 18 million ($3.3 million) from X and Starlink accounts, both owned by Elon Musk.An additional R$ 10 million ($1.8 million) stems from access through Cloudflare.
The companys legal representative, Rachel Villa Nova, faced a R$ 300,000 ($55,000) penalty.X submitted a petition to Justice Alexandre de Moraes, requesting the platforms unblocking.
Moraes instructed the STFs Judicial Secretariat to verify the fine payment.
He will then evaluate the unblocking request.X Pays Millions to Regain Brazilian Market Access.
(Photo Internet reproduction)However, a complication arose in the payment process.
Moraes said that X deposited the fine amount into an incorrect account.
The company used a Caixa account instead of the required judicial account at Banco do Brasil.Moraes ordered the immediate transfer of funds to the correct account.
He emphasized the need for proper payment regularization before considering the unblocking request.
The minister also directed the Attorney Generals Office to provide an opinion on the matter.X Pays Millions to Regain Brazilian Market AccessThe platforms suspension followed Xs closure of its Brazilian office.
This action violated the countrys requirement for companies to maintain local representation.
Elon Musk announced this closure after X received fines for non-compliance with court orders.These orders demanded the removal of profiles under investigation for posting allegedly anti-democratic messages.
Xs refusal to comply led to the imposed penalties and subsequent operational suspension.Recently, X reactivated its legal representation in Brazil.
Rachel Villa Nova resumed her role as the companys legal representative.
With this reactivation and the fine payment, X hopes to restore its operations in the country.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


Ecuador Bets on Nuclear Power to Prevent Future Blackouts


Colombia Cuts Off Coal Exports to Israel, Disrupting Key Energy Supply


Mexico City Caps Rents to Protect Its Urban Core: A Market Crossroads


Ecuador Finds Strength Beyond Oil as Exports Diversify and Trade Surplus Grows in Early 2025


[Brazil] - Tether Puts $600 Million Into Latin American Farms to Bring Stablecoins to Real-World Trade


[Brazil] - Tariff Trouble, But Brazilian Coffee Keeps Flowing to U.S.Brazilian coffee exporters say the United States will keep purchasing big amounts of Brazilian coffee, even after a sharp tariff hike. Beginning August 1, the US plans to raise tariffs o


[Brazil] - Scala Data Centers Fuels Chile's Digital Leap with Major New Infrastructure Investment


[Brazil] - Pix Payment System Puts Brazil and U.S. on Collision Course


[Brazil] - PicPay Brings Back Crypto Trading as Brazil Embraces Digital Money


Portugal Looks to Replace Aging Warships, Opening Billions in Defense Business


€100 Billion for Ukraine: EU’s Unmistakable Signal to Russia and Beyond


Gold Takes Center Stage as Central Banks Pull Back from the Dollar


Foreign Buyers Spent $56 Billion on U.S. Homes-- Locals Feel the Pressure


Chile’s Antofagasta Boosts Copper Output, Cuts Costs, and Eyes U.S. Comeback


[Brazil] - Income Gains Position Latin America as a Pillar in Future Food Supply


Debt Outpaces Growth in Colombia's Expanding 2026 Budget


Cuban Labor Minister Resigns After Denying Homelessness in the Country


Trump’s Top Economic Advisor Emerges as Frontrunner to Lead U.S. Fed


Israel Steps In to Shield Druze Minority in Syria's Rising Tensions


[Brazil] - The 'Third World War' Narrative: Why a Russian Thinker and NATO Are Talking Past One Another


Mounting Debt and Fading Foreign Interest Force Pemex to Court Domestic Investors


India Seeks Long-Term Critical Mineral Partnerships with Chile and Peru Amid Supply Risks


U.S. Regulators Set Clear Rules for Banks Holding Crypto


[Brazil] - U.S. Pauses Proposed 32% Tariff on Indonesian Goods Pending Energy Purchase Talks


[Brazil] - Tariffs from U.S. Could Cut Brazil's 2025 GDP by 0.4 Points, OPEC Says


How Vueling Overtook Iberia and What It Says About Spain’s Shifting Airline Market


[Brazil] - Chile Holds Lead, but Latin America's Competitiveness Race Tightens


[Brazil] - Brazil's Growth Slows in May as High Rates and Weak Exports Test Economic Strength


Brazil’s Congress and Industry Unite Against Trump’s Trade Ultimatum


Brazil’s Electric Car Imports Shrink as Tariffs Rise and China Tightens Its Grip


Brazil’s Air Travel Stuck as High Costs and Legal Troubles Keep Growth Grounded


Bolsonaro Says Amnesty Will Bring Economic Peace Amid U.S. Tariff Threat


Trump Frustrated with Brazil Trade Talks, Labels Policies a Security Threat


Economic Calendar: Key Market Events for the Week from July 14 to July 18, 2025


[Brazil] - Trump's 30% Tariffs on EU and Mexico Shake Up Global Trade


[Brazil] - Brazil's Amazon Forest Hit Hard in 2025, Nearly Twice New York City's Area Cleared


Grok 4: xAI's A.I. Sets New Standards and Raises the Stakes


In Between Ballots and Bullets: India's Illiberal Drift During Modi's Current Term


Caracol’s First King: A Tomb Reveals Ancient Maya Power and Trade


[Brazil] - São Paulo's $4 Billion Metro Expansion Faces High Hopes and Hard Questions


[Brazil] - Football Games for Saturday, July 12, 2025: Match Schedule and Live


The Deadlock of Global Governance: How China and Russia Are Reshaping International Institutions


Trade Tensions Spark Dollar Rally, Brazilian Real Faces Steep Decline


[Brazil] - Brazil's B3 Slides as U.S. Tariffs and Capital Flight Hit Confidence