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Tag: LUIZ INACIO LULA DA SILVA

Global news / Technology

Brazil’s Lula Advocates for Climate Cooperation with Japan Ahead of COP30

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Brazilian President Lula seeks collaboration with Japan on climate change initiatives as Brazil prepares to chair COP30. Lula advocates for increasing trade, notably in Brazilian beef imports. He also criticizes …

Brazil’s Lula Advocates for Climate Cooperation with Japan Ahead of COP30 Read More
Business / economics

Brazil Launches Income Tax Exemption Plan to Enhance Middle-Class Income

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

Brazil’s government has presented a new income tax exemption plan for those earning up to 5,000 reais monthly, aiming to regain popularity for President Lula. Funding will come from new …

Brazil Launches Income Tax Exemption Plan to Enhance Middle-Class Income Read More
Business / economics

Brazil Introduces Income Tax Exemption Plan Amid Lula’s Popularity Push

March 18, 2025March 18, 2025 - by Allegra Nguyen - Leave a Comment

Brazil has revealed a tax exemption plan for individuals earning up to 5,000 reais monthly, funded by new taxes on higher earners. This strategy, aimed at improving President Lula’s popularity, …

Brazil Introduces Income Tax Exemption Plan Amid Lula’s Popularity Push Read More
Business / economics / Technology

Brazil’s Income Tax Exemption Proposal Estimated at $4.75 Billion Fiscal Impact

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

Brazil’s Finance Minister Fernando Haddad announced that the proposed income tax exemption will have a fiscal impact of 27 billion reais ($4.75 billion) annually, which will be offset by compensatory …

Brazil’s Income Tax Exemption Proposal Estimated at $4.75 Billion Fiscal Impact Read More
economics

Brazil Achieves 3.4 Percent Economic Growth Amid Mixed Sector Performance

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

Brazil experienced a 3.4% economic growth in 2024, driven by household spending increases and growth in industrial and service sectors, despite a 3.2% decline in agriculture. President Lula noted the …

Brazil Achieves 3.4 Percent Economic Growth Amid Mixed Sector Performance Read More
Business / economics

Brazil’s Gross Debt-to-GDP Ratio Declines Unexpectedly in January

March 14, 2025March 14, 2025 - by Sofia Nawab - Leave a Comment

Brazil’s gross debt-to-GDP ratio decreased to 75.3% in January, down from 76.1% in December, surpassing market expectations. This decline was influenced by net debt redemptions and GDP growth. The public …

Brazil’s Gross Debt-to-GDP Ratio Declines Unexpectedly in January Read More
Climate change / Technology

Brazil’s Deforestation Controversy Ahead of COP30 Climate Summit

March 13, 2025March 13, 2025 - by Marcus Chen - Leave a Comment

Brazil faces backlash over Amazon deforestation linked to highway construction for the COP30 climate summit, questioning its commitment to environmental conservation. The project, intended to accommodate thousands of attendees, has …

Brazil’s Deforestation Controversy Ahead of COP30 Climate Summit Read More
Climate change / Technology

Brazil Faces Criticism for Amazon Deforestation Ahead of COP30 Summit

March 13, 2025March 13, 2025 - by Allegra Nguyen - Leave a Comment

Brazil is facing backlash over deforestation in the Amazon for a highway linked to the COP30 climate summit, raising concerns about environmental commitment. Locals fear loss of livelihoods, while environmentalists …

Brazil Faces Criticism for Amazon Deforestation Ahead of COP30 Summit Read More
Business / economics

Brazil’s Consumer Prices Surge, Eroding Support for President Lula

March 13, 2025March 13, 2025 - by Marcus Chen - Leave a Comment

Brazil’s consumer prices surged 1.31% in February, marking the largest increase in three years and pushing annual inflation to 5.06%. This situation is straining President Lula’s administration, as costs of …

Brazil’s Consumer Prices Surge, Eroding Support for President Lula Read More
Business / economics

Brazil’s Annual Inflation Exceeds 5% Ahead of Expected Rate Hike

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

Brazil’s annual inflation has risen above 5% for the first time in over a year, reaching 5.06% in February, significantly exceeding the central bank’s 3% target. The central bank is …

Brazil’s Annual Inflation Exceeds 5% Ahead of Expected Rate Hike Read More

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