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Politics - Brazil

Brazil Reaches Agreement on Payroll Tax Relief for Key Sectors

Minister Fernando Haddad and Senate President Rodrigo Pacheco agreed to continue payroll tax relief for 17 economic sectors. Their agreement prevents immediate tax collection and...

Brazilian Government and BID Launch Flood Recovery Measures in Rio Grande do Sul

On Thursday, Brazil's government announced an economic recovery package to assist Rio Grande do Sul following severe flooding. President Luiz Inácio Lula da Silva led these measures to address the devastating damage. The flooding claimed at...

Political Rifts and Rate Decisions: Brazil’s Central Bank at a Crossroads

(Analysis) Late one Wednesday evening, the Central Bank of Brazil subtly lowered the Selic rate from 10.75% to 10.50%. This modest adjustment, though minor, reveals...

The Rise of Congressional Authority in Brazil

(Analysis) In Brazil, 2013 marked a pivotal year as legislative reforms transformed the power...

Brazil’s Central Bank Cuts Selic Rate by 0.25% to...

The Central Bank of Brazil cut the Selic rate to 10.5% on May 8, 2024, down 0.25 points from...

U.S. Addresses Alleged Censorship Concerns in Brazil

As global focus on human rights and freedom of expression grows, the U.S. House's Global Human Rights Subcommittee has acted decisively. They reached out to...

Economic Woes and Security Issues Drag Down Lula’s Ratings

The National Transport Confederation (CNT) has disclosed a significant dip in President Luiz Inácio Lula da Silva's approval ratings. Only...

Brazil’s Political Clash: Semipresidentialism or Presidentialism

Brazil's ongoing political conflict between Arthur Lira and Luiz Inácio Lula da Silva pits semipresidentialism against the current presidential...

Brazil Marks Fiscal Success with March Surplus Turnaround

Brazil's public sector achieved a dramatic fiscal turnaround in March, recording a primary surplus...

Brazil and Japan Ink Agreements on Agriculture and Cybersecurity

On Friday, Brazilian President Luiz Inácio Lula da Silva and Japanese Prime Minister Fumio Kishida...

Brazil’s Fight Against Usury Compared to Developed Nations

In March 2024, Brazil saw credit card interest rates soar to an annual peak of 421.3%, as reported by...