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Brazil President Lula Cuts Spending by $12 Billion

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.

Bloomberg on MSN · 3h

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.

Reuters on MSN · 14h

Brazil proposes income tax reform, frustrating investors focused on spending cuts

Brazil's government on Wednesday proposed to expand income tax exemptions for lower-income Brazilians and increase taxes on those who earn more, while outlining plans to trim public spending in coming years.

Bolsonaro planned and participated in a 2022 coup plot

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 da Silva, from taking office, police alleged in a report made public Tuesday.

Reuters on MSN · 1d

Brazil police report: Bolsonaro directly involved in 2022 coup plot

Brazil's federal police presented evidence to the Supreme Court that former President Jair Bolsonaro was directly involved in plotting a coup to overturn the outcome of the 2022 election he lost, according to an 884-page report unsealed on Tuesday.

Las Vegas Sun · 1d

Brazil’s Bolsonaro planned and participated in a 2022 coup plot, an unsealed police report alleges

Brazil’s former far-right President Jair Bolsonaro was fully aware of and actively participated in a coup plot to remain in office after his defeat in the 2022 election, according to a Federal Police report unsealed Tuesday.

19hon 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 ...

Jair Bolsonaro Has Been Implicated in a Plot to Murder Lula

Brazil’s federal police are investigating a plot by far-right leader Jair Bolsonaro and his allies to prevent Lula from ...

1h

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 ...

1don 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 ...

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 ...

7don 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 ...

10don 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 ...

11don 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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