Brazil President Lula Cuts Spending by $12 Billion
Brazil's Haddad seeks to soothe market concerns over income tax reform
Brazil's Finance Minister Fernando Haddad on Thursday sought to calm the market following a meltdown over the announcement of a reform that would increase income tax exemptions, emphasizing that the measures would be fiscally neutral and take effect only in 2026 after Congress approval.
Brazil Proposes Income Tax Reform, Frustrating Investors Focused on Spending Cuts
FILE PHOTO: Brazil's Finance Minister Fernando Haddad attends a meeting with Brazil's President Luiz Inacio Lula da Silva to discuss online bets, at the Planalto Palace in Brasilia, Brazil August 3, 2024. REUTERS/Adriano Machado/File Photo
Brazil, Matildas
Several states in Brazil are trying to rid themselves of rainforest protections, bowing to pressures from cattle ranchers and ...
Brazil's consumer prices rose more than expected in the month to mid-November, data from statistics agency IBGE showed on ...
At least one person was killed, three were injured, and one was missing after an historic storm slammed the city of Salvador ...
Brazilian beef was headed back to the shelves of Carrefour-owned grocery stores Tuesday after a brief boycott sparked by ...
In 1979, at the age of twenty-eight, Stephen G. Bloom set out to Rio de Janeiro to work as a foreign correspondent for the ...
Brazil analysts raised their 2025 year-end interest rate forecasts for the second straight week on fears that public spending ...
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Bolsonaro Is Making a Comeback Bid in Brazil and Betting on Trump’s HelpBrazil’s former president wants to return to power and said in an interview he believes the U.S. president-elect will help ...
Brazil's currency hit an all-time low on Wednesday as investors who had been expecting news on public spending cuts braced ...
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