Brazil President Lula Cuts Spending by $12 Billion

Brazil’s Real Hits All-Time Low as Budget Cuts Fall Flat
The Brazilian real dropped to a record low as the government’s proposed measures to cut $12 billion in spending underwhelmed ...
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 ...
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 ...
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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.
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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 ...
American Banker3hOpinion
The US should look to Brazil as a model for rolling out open banking
The U.S. is well behind other countries in implementing open banking and delivering its benefits to customers. Brazil's ...
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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 ...
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 ...