# Tag: Political risk

- [The Banker, the Tragedy and the Farce — A Century Later](https://brazilstockguide.com/insights/the-banker-the-tragedy-and-the-farce-a-century-later/) (2026-03-27): The Barmat scandal in Weimar Germany helps illuminate — with due differences — the erosion of institutional credibility surrounding Brazil’s Master case.
- [Santa Catarina Power Fight Spills Into CASAN’s R$500m Bond Vote](https://brazilstockguide.com/insights/santa-catarina-politics-casan-500m-bond-risk/) (2026-02-09): Electoral rivalry turns municipal pressure into political risk for creditors of the state-owned utility.
- [Sanitation: After the Prime Cut](https://brazilstockguide.com/behind-the-lines/sanitation-after-the-prime-cut/) (2025-12-22): The easy assets are gone; what remains is harder to price and sell.