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 ...
Brazil's Haddad says income tax reform to be neutral, take effect in 2026
Brazilian Finance Minister Fernando Haddad said on Thursday that a reform proposed by the government to increase income tax ...
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 ...
Brazil's income tax exemption plan sends currency to fresh lows
Brazil's government on Thursday detailed spending cuts aimed at achieving more than 70 billion reais ($11.8 billion) in ...
Brazil proposes income tax reform, frustrating investors focused on spending cuts
Brazilian Finance Minister Fernando Haddad will make a televised address to the nation at 8:30 pm (2330 GMT) local time on ...
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Brazil's devaluation hits all-time high exchange rate
The US dollar fell an iota short of crossing the R$ 6 barrier after measures announced by the Brazilian Government of ...
Brazil Assets Set for Worst Week in Two Years on Budget Plan
Brazilian markets are on pace for the worst week in two years after a much vaunted plan to cut government spending ...
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BRAZIL: Haddad May Announce Income Tax Exemption For Earnings Up To BRL5,000/mth
"BRAZIL'S HADDAD IS EXPECTED TO ANNOUNCE INCOME TAX EXEMPTION TO THOSE EARNING UP TO 5,000 REAIS, SAYS SOURCE" - ReutersPreviously President Lula had requested studies to ensure that by the end of ...
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.
Brazil’s tax exemption strategy fuels currency decline and market turmoil
On Thursday, Brazil's government presented a package of measures to save more than 70 billion reais ($11.8 billion) over the ...
Brazil’s Real Hits All-Time Low as Spending Cuts Disappoint
The Brazilian real dropped to a record low as the government’s proposed measures to cut $12 billion in spending underwhelmed ...
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Haddad Announces Consensus On Spending Cuts In Brazil After Meeting With Lula
(MENAFN- The Rio Times) Fernando Haddad, Brazil's Finance Minister, revealed that a decisive meeting with President Luiz Inácio Lula da Silva has led to an agreement on spending cuts. The ...