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%.

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 ...

Fans posted tributes on social to mark the 90th birthday last week of the Arab world’s iconic songstress Fairuz, as Israeli ...

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

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

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

Brazil on Wednesday announced a downward adjustment of nearly $12 billion in public spending for 2025 and 2026, a measure aimed at calming market jitters about the fiscal discipline of Latin America's ...

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 ...