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49 results for “Fiscal Risk”
Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion
Brazil's state-controlled oil company raised diesel prices by R$1.00/liter, but a new government subsidy immediately offset the increase.
Brazilian Real Falls as Pre-Election Welfare Boost Spurs Fiscal Anxiety
Brazil's Central Bank launched an emergency $1 billion dollar auction to stabilize the real after an unexpected 15% increase to the Bolsa Família social program raised investor fears over the country's fiscal stability just weeks before a critical presidential election.
Brazil’s Election-Driven Spending, Supreme Court Crisis Converge with Economic Slowdown
President Lula’s pre-election welfare boost heightens Brazil fiscal risk as the economy cools and a Supreme Court crisis widens political instability.
Lula’s Last-Minute Bolsa Família Hike Draws Fiscal Heat, TCU Scrutiny Ahead of Brazil Election
President Lula decreed a 15% increase for the Bolsa Família welfare program, raising benefits to R$691 just 17 days before Brazil's presidential election, prompting a legal challenge at the Federal Court of Accounts (TCU) over fiscal risk.
Fiscal Challenge to Lula's Welfare Expansion Puts Brazil’s Budgetary Adequacy Under TCU Scrutiny
The Public Prosecutor’s Office at the Federal Court of Accounts requested an injunction to suspend President Lula’s decree raising the Bolsa Família benefit, citing a lack of budgetary provision and fiscal impact analysis.
Brazil’s Surprise Social Spending Hike Ignites Fiscal Fears Ahead of Election
Brazil's government announced a 15% increase to the Bolsa Família benefit, raising fiscal concerns ahead of the October general election.
Lula’s Pre-Election Spending Spree on Welfare and Debt Relief Heightens Brazil Fiscal Risk
President Luiz Inácio Lula da Silva has signed off on a 15% increase to the Bolsa Família welfare payment and pressed forward with debt renegotiation and income tax cuts, moves critics say prioritize re-election over long-term fiscal stability.
Political and Fiscal Risk Triggers Foreign Capital Exodus from Brazil’s Stock Market
Foreign investors pulled a near-record R$12 billion from the B3 stock exchange in early August, signaling deep caution over political and fiscal uncertainty ahead of the presidential election.
Unsealed Evidence Against Bolsonaro Challenger Flávio Deepens Brazil’s Judicial and Election Crisis
Documents detailing a R$61 million payment to Senator Flávio Bolsonaro have been unsealed, escalating an unprecedented political and judicial crisis weeks before Brazil's October 4 election.
Lula Escalates Fiscal Risk, Dismissing Primary Surplus as 'Nonsense'
Brazilian President Lula da Silva attacked the country's primary fiscal surplus target, calling it "nonsense" and escalating concerns over sovereign risk.
Lula’s R$7 Billion Fuel Tax Cut Stokes Fiscal Risk Ahead of Brazil Presidential Election
Brazil's President Lula approved a massive fuel tax cut and subsidy program, costing R$7 billion monthly, which heightens fiscal risks.
Brazil’s Economic Slowdown Hits Early, Putting Lula’s Re-election Narrative Under Pressure
Sharp deceleration in Brazil's Q2 GDP, driven by a drop in household spending, heightens fiscal risk and pressure on the Central Bank.
Fiscal Risk and Election Uncertainty Push Brazilian Real, Analysts Warn of R$6.00 USD/BRL Scenario
Brazil's currency is weakening as financial institutions warn a lack of post-election fiscal reform could send the USD/BRL to R$6.00.
Brazil’s High Interest Rates to Persist as Election Campaigns Fail to Detail Fiscal Adjustment
Presidential candidates' vague economic plans increase sovereign risk, forcing the Central Bank to hold Brazil’s Selic rate high.
BTG Pactual Economist Mansueto Almeida Warns Fiscal Risk Will Slow Brazil’s GDP to 1% in 2027
Brazil's 2027 GDP growth is projected to hit a post-pandemic low of 1%, as election-year fiscal expansion forces Selic rate to remain high.
Record Capital Flight Signals Foreign Investors Repricing Brazil Election Risk
Foreign investors withdrew R$18.1 billion from Brazil's B3 stock exchange in early August, the largest outflow since 2008, driven by fiscal and political uncertainty.
Election Uncertainty Drives Up Brazil’s Long-Term Borrowing Costs as Debt Hits 81.9% of GDP
Lack of post-election fiscal clarity from leading candidates is steepening Brazil's yield curve, signaling high long-term fiscal risk.
Election Risk Prompts Hedge Funds to Unwind Profitable Brazilian Real Carry Trade
Global asset managers are cutting exposure to the Brazilian Real and local bonds as political uncertainty heightens ahead of the 2026 election.
Brazilian Real Slides on Fiscal and Election Fears, Central Bank Intervenes to Steady Currency
Brazil's currency weakened past R$5.20 against the dollar as investors pull back due to pre-election fiscal uncertainty, prompting Central Bank intervention.
Foreign Investors Yank R$15.6 Billion from Brazil’s B3 as Fiscal Risks Re-Emerge
Foreign capital reversed sharply on Brazil's B3 stock exchange, with a R$15.6 billion net withdrawal in early August.
Lula’s R$180 Billion Stimulus Battles High Selic Rate, Creating Fiscal-Monetary Showdown in Brazil
The Brazilian government's election-year fiscal push is clashing with the Central Bank's restrictive 14.00% Selic rate.
Political Uncertainty and Fiscal Fears Drive Brazilian Real to R$5.22, Outpacing Emerging Market Peers
The Brazilian Real's recent slide against the dollar is driven by a growing political risk premium ahead of the 2026 election and fiscal uncertainty.
Massive R$5.4 Billion Loss Revives Privatization Debate for Brazil’s Postal Service Correios
Preliminary figures show Brazil's state-owned Correios lost R$5.4 billion in H1 2026, driven by new e-commerce tax policy.
Political Impasse Stalls Full Financial Autonomy for Brazil’s Central Bank
The proposed constitutional amendment to grant Brazil’s Central Bank full financial autonomy remains stalled in the Senate, signaling continued political risk.
Brazil’s Real Hits Four-Month Low as Political Uncertainty Fuels Fiscal Risk Premium
The Brazilian Real has fallen to R$5.223 against the U.S. dollar, its weakest level in four months, driven by fiscal and political uncertainty ahead of the general election.
Political Uncertainty and JPMorgan Downgrade Push Brazilian Real Past R$5.20 Mark
Investor caution over Brazil’s fiscal outlook and tightening presidential election polls is fueling currency volatility.
Fiscal Fears Overwhelm Brazil’s High Interest Rate Appeal as Real Sinks in LatAm
The Brazilian Real has become Latin America's worst-performing currency as political and fiscal uncertainty ahead of the October election override its appeal to high-yield investors.
Brazilian Real Plummets on Political Poll, Renewing Fiscal Health Concerns
Brazil’s currency hit a multi-week low against the dollar after a new poll showed President Lula maintaining a strong lead in the 2026 election.
Brazil’s 14.0% Interest Rate Lures Foreign Capital, But Lula’s Fiscal Risk Constrains Further Cuts
The Banco Central do Brasil’s high Selic rate attracts massive global 'carry trade,' strengthening the Real, yet the high rate is a defensive wall against fiscal uncertainty.
Rabobank Forecasts 9% Depreciation, Sees Brazilian Real at R$5.55 on Twin Fiscal and Geopolitical Risks
Rabobank forecasts the USD/BRL exchange rate to hit R$5.55 by end-2026, anticipating a 9.0% depreciation driven by fiscal and geopolitical uncertainty.