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72 results for “Congress”

Presidential Candidate Caiado Proposes Hard-Line Fiscal Cap, Targets Congressional Amendments to Lower Brazil Interest Rates
Ronaldo Caiado, a leading Brazil presidential candidate, announced a sweeping fiscal cap proposal to restore credibility and cut the Selic rate.

Presidential Candidate Caiado Targets Congressional Power, Proposes Zeroing Mandatory Spending for Selic Rate Cut
Brazilian presidential hopeful Ronaldo Caiado is proposing radical fiscal austerity, including eliminating mandatory congressional spending amendments, to drive Brazil's Selic rate down to 7%.

Brazil's Sovereign Risk Hits Lowest Level Since Pre-Pandemic Era
The cost of insuring Brazil’s sovereign debt has fallen to 110.62 basis points, the lowest level since February 2020, signaling greater foreign investor confidence.

Electoral Gridlock Stalls Brazil’s Congress, Leaving Major Reforms and Five Provisional Decrees in Limbo
The Brazilian legislative calendar has slowed significantly ahead of the October 2026 general election, leading to the postponement of structural policies and the expiration of Provisional Decrees.

Brazilian Congress Advances Risk-Based Bill to Regulate AI, Setting Strict New Compliance Rules for Tech
Brazil’s House of Deputies is reviewing a Senate-approved bill (PL 2338/2023) that would create a new national legal framework for Artificial Intelligence, imposing high-cost compliance on tech companies.

Electoral Court Bars Over 1,200 Candidates, Leaving Brazil’s Congress Composition in Doubt
Brazil’s Superior Electoral Court has barred over 1,200 candidates for the 2026 general elections, with 73% appealing, creating uncertainty for the next Congress.

Record Number of Diverse Candidates Signifies Demographic Shift in Brazilian Politics Ahead of General Election
The 2026 Brazilian general election features a record surge in Indigenous and LGBTQIA+ candidates, signaling a profound shift in the political landscape.

Brazil Finance Minister Asks Supreme Court to Halt Congress Spending Bills
Finance Minister Dario Durigan is appealing to the Supreme Federal Court (STF) to stop Congress from passing spending bills that threaten Brazil’s new Fiscal Framework.

Brazil’s Tax Reform Increases Withholding Tax on Key Corporate Break, Impacting Earnings
Brazilian Congress approved a hike in the withholding tax on Juros sobre Capital Próprio (JCP) from 15% to 17.5%, a move set to reduce corporate tax savings and alter distribution strategies for publicly traded companies.

Brazil Advances New Antitrust Bill Targeting Big Tech with Dedicated Regulator and High Revenue Thresholds
A bill creating a specialized Superintendency within CADE to pre-emptively regulate large tech companies has advanced in Brazil’s Congress, reshaping the digital market outlook.

Lula Re-election Platform Vows Adherence to Fiscal Rule While Targeting Congressional ‘Pork-Barrel’ Spending
Brazil's President Lula da Silva’s re-election platform promises to maintain the New Fiscal Framework while proposing a reorganization of parliamentary budget amendments.

Institutional Crisis at Brazil’s Supreme Court Overshadows Election-Year Legislative Push
Brazil's political agenda was dominated by a deepening institutional crisis at the Supreme Court, while Congress rushed to pass new laws, including a key e-commerce tax exemption.

Brazil's Congress Eliminates Federal Import Tax on $50 E-Commerce Orders
The zeroing of the 20% Imposto de Importação on low-cost international purchases moves to President Lula for sanction, a move popular with consumers but opposed by domestic industry.

Brazil Approves National Rare Earths Policy, But New State Oversight Adds Investor Uncertainty
Brazil's Congress passed a major new policy for critical minerals, offering R$7 billion in incentives while creating a council to scrutinize foreign deals.

Brazil Bill Advances Social Security for Gig Workers, Shields Platforms from Employment Ties
A bill in the Brazilian Congress proposes a low-cost private pension scheme for gig workers, sidestepping the controversial issue of formal employment.

Record Number of Diverse Candidates Signals Deepening Political Shift in Brazil’s 2026 Election
The 2026 Brazil election sees a historic surge in LGBT+, Indigenous, and Quilombola candidacies across all parties.

Brazil Congress Upholds Zero Tax on E-Commerce Imports Under $50, Finalizing ‘Taxa das Blusinhas’ Reversal
Brazilian Congress approves provisional measure eliminating the 20% federal import tax on international e-commerce purchases under $50.

Brazil Congress Defers Key Labor and Security Reforms Until After Elections
Brazil's Senate postpones highly anticipated votes on ending the 6x1 work week and public security reform until after the October 2026 elections.

Brazil Lula Clinches Key Wins but Labor and Security Reforms Shelved
President Lula secured critical legislative victories in Brazil's Congress, but major labor and public security reforms are frozen until after the 2026 elections.

Institutional Crisis Roils Brazil’s Supreme Court as Election Battle Lines Harden
Brazil's Supreme Court plunges into a constitutional crisis amid a banking scandal probe, while Congress sets the stage for a polarized presidential election.

Brazilian Congress Ends 'Blusinha Tax,' Squeezing Domestic Small Retailers With New Import Advantage
The Brazilian Congress approved a measure eliminating the 20% federal import tax on international e-commerce purchases up to US$50, intensifying competitive pressure on local small businesses.

Lula Decrees Impose Bank-Like Governance on Big Tech, Face Immediate Fight in Brazilian Congress
President Lula's new decrees implement a 'duty of care' and financial-sector-like governance on Big Tech in Brazil, immediately facing a fight in Congress.

Brazil’s Labor Reform Push: 40-Hour Work Week Advance Triggers Cost Alert for Service Sector
Brazil's Senate is set to vote on a constitutional amendment to reduce the work week from 44 to 40 hours without a pay cut, raising labor cost concerns.

Brazil's Institutions Push Major Shifts: Tech 'Safe Harbor' Ends as Lula Stakes Claim on Economic Sovereignty
Brazil's Supreme Court removes the tech platform liability shield, while Congress finalizes consumer-friendly e-commerce tax rules.

Brazil Senate Approves Scrapping 20% Import Tax on Low-Value Foreign E-Commerce Purchases
Brazil's Congress finalized approval of a measure eliminating the 20% federal import tax on online purchases up to US$50, sparking retailer criticism.

Brazil Chamber Approves Generous AI Tax Credit Paired With Five-Year Local IP Mandate
Brazilian Chamber commission approves a major AI R&D tax credit, but mandates that the resulting intellectual property must stay in Brazil for five years.

Brazil Congress Finalizes Zero Federal Tax on E-commerce Purchases Up to US$50
Brazilian lawmakers approved a measure making the import tax exemption permanent for low-value international e-commerce purchases.

Brazil Elections 2026 See Record Surge in Indigenous and LGBTQIA+ Candidates
Diverse candidacies for Brazil's National Congress are at a record high, signaling a structural shift in the country's political landscape.

Lula Advisor Celso Amorim Warns Congress of US Intervention in Brazil Election, Citing Monroe Doctrine
Tensions rise as Lula's top advisor warns the US is using its historic Monroe Doctrine to justify meddling in the upcoming presidential election.

Brazil Congress Eliminates Import Tax on $50 E-commerce Orders, Awaits Lula Sanction
Brazilian Congress approves MP to permanently zero the federal import tax on international purchases up to US$50, impacting retail competition.