Brazilian Finance Minister Fernando Haddad said on Thursday that a reform proposed by the government to increase income tax ...

Finance minister says he is ready to revise package of measures after local currency falls to record low and bonds tumble ...

Brazilian Finance Minister Fernando Haddad will make a televised address to the nation at 8:30 pm (2330 GMT) local time on ...

"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 ...

The US dollar closed for the first time above the psychological R$ 6 barrier on another turbulent day in Brazil's markets, ...

Brazilian Finance Minister Fernando Haddad said a fiscal package with spending cut measures was finalized in a meeting with ...

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 currency rebounded after record lows as government leaders decided to pause income tax reform, focusing on spending ...

Brazil's currency regained some ground after leaders halted government income tax reform plans and emphasized fiscal ...

Brazilian markets were set for the worst week in months after a much vaunted plan to cut government spending came in well ...

Brazil's government tightened spending controls late on Friday, freezing expenditure at 19.3 billion reais ($3.33 billion) to ...

Brazil President Luiz Inacio Lula da Silva wants to present a plan for income tax exemptions alongside public spending cuts, ...