Digital Payments in Brazil: Bain & Company says Pix and cards have pushed digital payments to 85% penetration by end-2025, with banking inclusion rising to 90% (2023). It still sees room for growth of up to 38% by 2030, with a profit pool around R$120bn. Brazil-China Finance: Brazil’s finance minister Dario Durigan is reportedly set to visit China to advance panda bonds and discuss EcoInvest, aiming to pull in capital for the ecological transition. Critical Minerals & Rare Earths: Power Minerals launched a mineralogical program at its Morro do Ferro project in Brazil to target premium magnet rare earths (Nd, Pr, Dy, Tb). Climate Finance Pressure: At Bonn talks, the Global Climate and Health Alliance accused developed countries of blocking adaptation finance progress and failing to honor a pledge to triple adaptation funding. Energy Transition Watch: A report on EV growth highlights that Chinese automakers are expanding fast, but charging networks lag—an issue relevant for Brazil’s electrification push. Agribusiness Supply Risks: India’s sugar exports may be paused for up to three seasons due to El Niño and ethanol demand, potentially shifting pressure onto Brazil and Thailand.