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Brazil's Government Fights Back Against Fake News Threat to President Lula's Popularity.
- Source :
- Bloomberg.com; 1/21/2025, pN.PAG-N.PAG, 1p
- Publication Year :
- 2025
-
Abstract
- Brazil's government is combating the spread of fake news about the Pix instant payment system, which has negatively impacted President Lula's reputation. The campaign, led by Communications Minister Sidonio Palmeira, aims to reassure users that Pix is secure, confidential, and tax-free. Despite concerns over Lula's reelection prospects, Pix remains a popular payment method in Brazil, with over 150 million users and a record of 252 million transactions in a single day. The government has taken measures to dispel false rumors and maintain trust in the system. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 182349680