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Brazil has launched a payroll-deductible loan program for private-sector workers, totaling 2 billion reais ($352 million). This initiative, aimed at enhancing financial access and stimulating economic growth, allows loans with …
Brazil Introduces $352 Million Payroll-Deductible Loan Program for Workers Read More
Brazil is debating the adoption of Bitcoin as a strategic reserve asset, amid pushback from the central bank. Central bank director Nilton David has called the idea inappropriate, while lawmaker …
Brazil Engages in Bitcoin Reserve Debate Amid Central Bank Concerns Read More
Raoni Metuktire, chief of the Kayapo people, is opposing an oil mega-project by Petrobras at the Amazon. He will engage with President Lula prior to COP30, urging the halt of …
Raoni Metuktire to Challenge Brazilian Government on Amazon Oil Project Read More
The invention of the airplane is contested between the Wright brothers, credited in the U.S., and Alberto Santos Dumont, heralded as the father of aviation in Brazil. Brazilian President Lula …
The Controversy of Airplane Invention: Wright Brothers vs. Santos Dumont Read More
Brazil’s Congress approved a 2025 budget anticipating a primary surplus of 15 billion reais, significantly increased from prior projections. Sponsored by Senator Angelo Coronel, the bill awaits the president’s signature …
Brazilian Congress Passes Enhanced 2025 Budget Bill with Surplus Goals Read More
President Luiz Inacio Lula da Silva proposes to exempt workers earning less than BRL5,000 from income tax, affecting 13.4 million workers. This fiscally neutral reform intends to boost his popularity …
Brazil’s Lula Proposes Tax Cuts for Middle Class to Boost Popularity Read More
Brazil’s budget bill anticipates a 15 billion reais primary surplus for 2025, an adjustment from 3.7 billion. This revision stems from improved revenue projections and is part of a new …
Brazil’s 2025 Budget Bill Projects Higher Surplus Following Revision Read More
Brazil’s central bank raised the Selic rate to 14.25%, expecting a smaller increase in future meetings as it monitors economic signs. Newly appointed Governor Gabriel Galipolo is under scrutiny to …
Brazil’s Central Bank Raises Interest Rates Amid Economic Concerns Read More
Brazil’s central bank increased interest rates by 100 basis points to 14.25% for the third time, indicating a potential smaller hike next. Governor Galipolo’s leadership remains critical amid economic challenges, …
Brazil’s Central Bank Raises Interest Rates as Economic Caution Prevails Read More
Brazil’s central bank increased interest rates by 100 basis points to 14.25%, hinting at a smaller hike in the next meeting. The decision follows the guidance of new governor Gabriel …
Brazil Raises Interest Rates Again, Signals Smaller Hike Ahead Read More