Brazil's income tax exemption plan sends currency to fresh lows
Haddad said the U.S. dollar had been strengthening globally, and that inflation in Brazil is expected to end the year within or very close to the official target range of 1.5% to 4.5%.
Lula's Government to Propose a Minimum Tax Rate of Up to 10% for Those Earning Over $8,300 per Month
Measure will include income tax exemption for earnings up to $835, effectively benefiting those earning up to $1,200 ...
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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Soulful sounds
Fans posted tributes on social to mark the 90th birthday last week of the Arab world’s iconic songstress Fairuz, as Israeli ...
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 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 financial markets experience volatility amid tax exemption speculations
On Wednesday, November 27, 2024, Brazil’s financial markets experienced significant volatility, marked by a sharp decline in ...
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Brazil reins in public spending by $12bn for 2025/26
SAO PAULO - Brazil announced a downward adjustment of nearly $12-billion in public spending for 2025 and 2026, a measure ...
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 ...
Lula Agrees to Cut Spending by $12 Billion in Nod to Investors
Brazil Finance Minister Fernando Haddad has unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public ...