The Straits Times
AsiaPac · 4 hrs ago
✦ 78◉ Centre
US terrorist label for Brazil gangs risks higher business costs
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AI Analysis
Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
The U.S. designation of major Brazilian criminal gangs as Foreign Terrorist Organizations is expected to increase business risks and costs in Brazil, where these groups have already deeply infiltrated the formal economy.
US terrorist label for Brazil gangs risks higher business costs
SAO PAULO/Brasilia, June 5 - The U.S. designation of Brazil's biggest criminal groups as Foreign Terrorist Organizations (FTOs) starting Friday is likely to increase the risks and costs of doing business in a country where gangs have had years to penetrate the formal economy.
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