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The Nexus
BUSINESSJun 22 · 16:20 UTCTHE RIO TIMESRichard Mann

Brazil’s Banks Turn to Mexico After US Brands Its Gangs Terrorists

Brazilian banks have sought advice from Mexican banks regarding a new U.S. rule following Washington's designation of Brazil's PCC and Comando Vermelho gangs as terrorist organizations. These groups are the first Brazilian entities to be classified as terrorists by the U.S.

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