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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 President Lula Cuts Spending by $12 Billion as Investor Concerns Soar
Brazil Finance Minister Fernando Haddad unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public spending through 2026 as investors’ fiscal concerns sink assets from the currency to stocks.
Brazil’s Lula Seeks Income Tax Exemptions Along With Public Spending Cuts
Brazil President Luiz Inacio Lula da Silva has tacked on an income-tax relief measure to a long-awaited plan to cut government spending, heightening concerns about the budget deficit and sparking a selloff in the currency,
Brazil proposes income tax reform, frustrating investors focused on spending cuts
Brazilian Finance Minister Fernando Haddad will make a televised address to the nation at 8:30 pm (2330 GMT) local time on Wednesday, the ministry said, adding he will talk about "efficient government".
Brazil's Real Hits All-Time Low After Lula's Spending Cuts Disappoint
The Brazilian real dropped to a record low and stocks slumped after a proposal to cut public spending disappointed investors. Bloomberg's Leda Alvim reports from Rio de Janeiro on "Bloomberg: The Asia Trade.
Brazil, Matildas
Brazil beat Matildas to spoil Polkinghorne's party
The Matildas will attempt to quickly move on after a physical, relentless Brazil beat Australia 3-1 to crash retiring great Clare Polkinghorne's send-off match.
Matildas vow not to be pushed around after Brazil loss
Australian captain Steph Catley and her teammates are adamant they can't afford to be pushed around again by Brazil, who won the physical battle in a spiteful "friendly" in Brisbane. Brazil won Thursday night's clash 3-1 in a fiery affair at Suncorp Stadium.
Brazil breaks eight-year drought over tired Matildas
The Matildas were no match for the power of Olympic silver medallists Brazil, as they were defeated convincingly on Thursday night.
Bolsonaro planned and participated in a 2022 coup plot
Brazil’s Bolsonaro planned and participated in a 2022 coup plot, an unsealed police report alleges
Brazil’s former far-right President Jair Bolsonaro was fully aware of and actively participated in a coup plot to remain in office after his defeat in the 2022 election, according to a Federal Police
Brazil’s Bolsonaro planned and participated in a 2022 coup plot, unsealed police report says
Brazil’s former far-right President Jair Bolsonaro was fully aware of and actively participated in a coup plot to remain in office after his defeat in 2022.
Brazilian Federal Police link Bolsonaro to 2022 coup attempt in unsealed report
The accusations stem from an 884-page report submitted to Brazil’s Supreme Court, which was unsealed Tuesday. Kamala Harris reemerges after election loss with new message to supporters: ‘Don’t let anyone take your power’ Dr.
The Wall Street Journal on MSN
4h
Bolsonaro Is Making a Comeback Bid in Brazil and Betting on Trump’s Help
Brazil’s former president wants to return to power and said in an interview he believes the U.S. president-elect will help ...
1d
on MSN
Brazil's currency hits record low on skepticism about fiscal measures
Brazil's currency hit an all-time low on Wednesday as investors who had been expecting news on public spending cuts braced ...
1d
Agribusiness-friendly states in Brazil try to undo forest protections
Several states in Brazil are trying to rid themselves of rainforest protections, bowing to pressures from cattle ranchers and ...
Tuko on MSN
1d
Brazil's top court takes on regulation of social media
Brazil's Supreme Court on Wednesday started examining four cases that turn on how far social media should be regulated, and ...
10h
Brazil's Real Falls To Record Low 6 To The US Dollar
Brazil's real fell Thursday to a record low 6.0 to the US dollar, a day after the government announced a near-$12 billion cut in public spending for 2025 and 2026.
3d
Brazil Analysts Lift 2025 Rate Forecasts Again as Prices Simmer
Brazil analysts raised their 2025 year-end interest rate forecasts for the second straight week on fears that public spending ...
cjr.org
1d
Q&A: Stephen G. Bloom on a Breeding Ground for Expat Journalists in Brazil
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 ...
2d
on MSN
Carrefour apologizes to Brazil for CEO's remarks, and beef is headed back to its stores
Brazilian beef was headed back to the shelves of Carrefour-owned grocery stores Tuesday after a brief boycott sparked by ...
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