Brazil’s approaching electoral cycle crystallizes a broader reality: companies can no longer treat geopolitical and political risk as background noise, but as a core strategic variable in how they invest, operate and communicate. In a system where domestic politics, foreign policy and public security narratives are now fused, corporate strategies that ignore this new risk environment are structurally exposed.
The Risk Environment
Brazil heads toward general elections in October 2026 in a context where geopolitical and domestic political risks are jointly reshaping the business environment. On the one hand, the country faces deep polarization, institutional strain and
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