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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.
Lula Agrees to Cut Spending by $12 Billion in Nod to Markets
Brazil Finance Minister Fernando Haddad has 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 Proposes Income Tax Reform, Frustrating Investors Focused on Spending Cuts
FILE PHOTO: Brazil's Finance Minister Fernando Haddad attends a meeting with Brazil's President Luiz Inacio Lula da Silva to discuss online bets, at the Planalto Palace in Brasilia, Brazil August 3, 2024. REUTERS/Adriano Machado/File Photo
18h
on MSN
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 ...
1d
on MSN
Brazil's Lula hopes for Mercosur-EU trade deal by year-end
Brazilian President Luiz Inacio Lula da Silva said on Wednesday he hoped a trade deal between the European Union and the ...
1d
Brazil's Bolsonaro 'participated' in 2022 coup plot against Lula: police
Brazilian ex-president Jair Bolsonaro "actively participated" in a 2022 coup plot to prevent his successor, Luiz Inacio Lula ...
8d
Brazil police arrest five over alleged plot to assassinate President Lula
Brazilian police have arrested five people, including a former adviser to ex-President Jair Bolsonaro, over an alleged plot ...
7d
on MSN
Brazil’s Lula welcomes China’s Xi for state visit as ties between countries strengthen
Brazil's President Luiz Inácio Lula da Silva has welcomed China’s President Xi Jinping for a state visit at the Alvorada ...
9d
Brazil Arrests Five in Alleged 2022 Plot to Kill Lula and Stage Coup
Brazil’s federal police arrested five people for allegedly plotting to kill President Luiz Inacio Lula da Silva, his vice ...
10d
on MSN
Brazil's first lady Janja Lula da Silva insults Elon Musk at international summit
Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday.
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 ...
10d
on MSN
Lula’s Wife Curses Out Elon Musk on Eve of Brazil’s G-20
F—- you, Elon Musk,” Brazil’s first lady said as her husband geared up to host a high-stakes summit of Group of 20 leaders.
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