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US terrorist label for Brazil gangs risks higher business costs

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.

SAO PAULO/Brasilia, June 5 (Reuters) – 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 y… [2519 chars]

Source: Reuters | Published: 2026-06-05T10:02:32Z

Credit: Reuters

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