Measure will include income tax exemption for earnings up to $835, effectively benefiting those earning up to $1,200 ...

The Brazilian real dropped to a record low as the government’s proposed measures to cut $12 billion in spending underwhelmed ...

Brazil's Finance Minister Fernando Haddad on Thursday sought to calm the market following a meltdown over the announcement of ...

Brazil Finance Minister Fernando Haddad unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public ...

Brazil Finance Minister Fernando Haddad has unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public ...

On Wednesday, November 27, 2024, Brazil’s financial markets experienced significant volatility, marked by a sharp decline in ...

SAO PAULO - Brazil announced a downward adjustment of nearly $12-billion in public spending for 2025 and 2026, a measure ...

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

Brazilian Finance Minister Fernando Haddad on Wednesday announced BRL 70 billion of spending cuts over the next two years, the kind of move some investors expected to head off the risk of higher ...

Brazil President Luiz Inacio Lula da Silva has tacked on an income-tax relief measure to a long-awaited plan to cut ...