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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, 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.
The Wall Street Journal on MSN
55m
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 ...
2d
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 ...
3h
Historic Storm Causes Major Flooding in Eastern Brazil
At least one person was killed, three were injured, and one was missing after an historic storm slammed the city of Salvador ...
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 ...
Bloomberg L.P. on MSN
1d
Emerging-Market Currencies Wobble While Brazil Sees Selloff
Losses for
Brazil
’s real mixed with gains for Eastern European currencies with the MSCI EM currency index closing flat.
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 ...
2d
on MSN
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 ...
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 ...
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