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694 results for “Politics

Brazil Supreme Court Moves to Impose Binding Fiscal Discipline on All Government Spending
PROPolitics5h ago

Brazil Supreme Court Moves to Impose Binding Fiscal Discipline on All Government Spending

The STF has begun processing a 'Súmula Vinculante' that would force all federal, state, and municipal laws creating expenses or tax benefits to include a fiscal impact analysis and compensatory measures.

Brazil’s PPSA Schedules First Auction to Break Petrobras Gas Monopoly, Targeting 50% Price Cut for Industry
PROPolitics5h ago

Brazil’s PPSA Schedules First Auction to Break Petrobras Gas Monopoly, Targeting 50% Price Cut for Industry

The Brazilian government's company, Pré-Sal Petróleo S.A., will auction 1.1 million m³/day of pre-salt natural gas in October to lower industrial energy costs and increase competition.

Brazil’s Election Defined by Stark Fiscal Divide Over High Debt and 13.75% Interest Rate
PROPolitics5h ago

Brazil’s Election Defined by Stark Fiscal Divide Over High Debt and 13.75% Interest Rate

The 2026 Brazilian presidential election pits the incumbent's pro-growth fiscal framework against the opposition's call for aggressive spending cuts to tackle high public debt.

Lula Challenges US With Sovereignty Defense and Warning on Election Interference in UN Speech
PROPolitics5h ago

Lula Challenges US With Sovereignty Defense and Warning on Election Interference in UN Speech

Brazilian President Lula da Silva used his address at the UN General Assembly to champion Brazil's sovereignty, criticize global conflicts, and warn against foreign interference ahead of the October election.

Brazil’s Political Divide Crystallizes Around Lula’s Fiscal Rule Versus Debt-Ceiling Alternative
Politics7h ago

Brazil’s Political Divide Crystallizes Around Lula’s Fiscal Rule Versus Debt-Ceiling Alternative

The national debate over Brazil's economic future pits President Lula's revenue-linked spending rule against a conservative proposal for an automatic debt-to-GDP spending ceiling.

Brazil Finance Ministry Flips 2026 Deficit to Superavit Using R$63 Billion in Legal Deductions
PROPolitics7h ago

Brazil Finance Ministry Flips 2026 Deficit to Superavit Using R$63 Billion in Legal Deductions

Brazil’s Finance Ministry used R$62.78 billion in legal adjustments to transform an R$81 billion deficit into a projected R$10.77 billion surplus for 2026, narrowly meeting the fiscal target.

Lula Criticizes US ‘Western Hemisphere’ View at UN, Vows Resource Sovereignty
PROPolitics7h ago

Lula Criticizes US ‘Western Hemisphere’ View at UN, Vows Resource Sovereignty

Brazilian President Luiz Inácio Lula da Silva used his UN General Assembly address to reject foreign interference and promise domestic control over critical minerals.

São Paulo Governor Commits Privatized Sabesp to R$70 Billion Universal Sanitation Goal by 2029
PROPolitics7h ago

São Paulo Governor Commits Privatized Sabesp to R$70 Billion Universal Sanitation Goal by 2029

São Paulo Governor Tarcísio de Freitas announced a R$70 billion investment plan to universalize basic sanitation services in 371 municipalities by 2029.

Lula Rejects Privatization of PIX, Doubling Down on State Control of Brazil’s Digital Finance
PROPolitics13h ago

Lula Rejects Privatization of PIX, Doubling Down on State Control of Brazil’s Digital Finance

President Lula used his address at the UN General Assembly to declare that Brazil will not privatize the PIX instant payment system, eliminating a major opportunity for private finance.

Lula Criticizes 'Digital Neoliberalism' at UN, Demands Global Governance for AI and Big Tech
Politics13h ago

Lula Criticizes 'Digital Neoliberalism' at UN, Demands Global Governance for AI and Big Tech

Brazilian President Luiz Inácio Lula da Silva used his address at the UN General Assembly to call for a multilateral regulatory framework for artificial intelligence and Big Tech.

Brazil’s Ruling Party Petitions Supreme Court to Audit Flávio Bolsonaro Amendments Over Militia Link
Politics13h ago

Brazil’s Ruling Party Petitions Supreme Court to Audit Flávio Bolsonaro Amendments Over Militia Link

The leader of Brazil's ruling PT party in the Chamber of Deputies has asked the Supreme Court to audit all parliamentary amendments allocated by Senator Flávio Bolsonaro since 2019, citing reports of a negotiation with a convicted figure tied to Rio militias.

Brazil President Lula Sanctions Compromise Bill, Phasing Out Payroll Tax Relief for 17 Key Sectors
PROPolitics13h ago

Brazil President Lula Sanctions Compromise Bill, Phasing Out Payroll Tax Relief for 17 Key Sectors

President Lula signed Law No. 14,973/2024, ending a fiscal standoff and confirming a gradual four-year re-taxation of the payroll for sectors like construction and IT.

Flávio Bolsonaro Vows to Scrap All Haddad-Era Tax Hikes, Signaling Radical Fiscal Shift
PROPolitics15h ago

Flávio Bolsonaro Vows to Scrap All Haddad-Era Tax Hikes, Signaling Radical Fiscal Shift

Presidential candidate Flávio Bolsonaro’s economic coordinator announced a plan to revoke all revenue-raising measures implemented by Finance Minister Fernando Haddad.

Brazil’s Central Bank Constrained by Fiscal Framework Uncertainty
Politics15h ago

Brazil’s Central Bank Constrained by Fiscal Framework Uncertainty

Brazil’s top economic officials stress the stability of the new fiscal rule is essential to allow for lower interest rates, as the Central Bank keeps rates high.

Supreme Court Justice André Mendonça Accuses Colleague Alexandre de Moraes of 'Distorting' Police Reports in Deepening Institutional Crisis
Politics15h ago

Supreme Court Justice André Mendonça Accuses Colleague Alexandre de Moraes of 'Distorting' Police Reports in Deepening Institutional Crisis

An open war between two Supreme Court Justices in Brazil is escalating, with Justice Mendonça filing a motion that accuses Justice Moraes of using distorted Federal Police reports against him.

Regulatory Void in Brazil’s ReData Tax Program Freezes Pricing of Data Center Debt
PoliticsSep 21

Regulatory Void in Brazil’s ReData Tax Program Freezes Pricing of Data Center Debt

Institutional investors are delaying risk assessment on infrastructure debentures for data centers until the Brazilian government finalizes key regulations for the newly approved ReData tax incentive regime.

Top Senator Proposes Legislation Targeting 'Predatory Pricing' by Foreign Firms in Brazil
PROPoliticsSep 21

Top Senator Proposes Legislation Targeting 'Predatory Pricing' by Foreign Firms in Brazil

Senator Laércio Oliveira, a key figure on the Senate’s Economic Affairs Commission, is preparing legislation to block what he calls the 'harmful practice' of predatory pricing by foreign companies, specifically citing Chinese firms.

New Quaest Poll Confirms Technical Tie in Brazilian Presidential Race
PROMarketsSep 21

New Quaest Poll Confirms Technical Tie in Brazilian Presidential Race

The latest Quaest poll shows President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro locked in a statistical tie for Brazil's October general election.

Political Uncertainty in Brazil Election Threatens R$6.7 Billion Amazon Fund and EU Agribusiness Access
PROPoliticsSep 21

Political Uncertainty in Brazil Election Threatens R$6.7 Billion Amazon Fund and EU Agribusiness Access

The October 2026 Brazil election poses a critical risk to national climate commitments and R$6.7 billion in the Amazon Fund, jeopardizing EU market access for Brazilian agribusiness.

Polarization Deepens as Brazil’s Top Presidential Candidates Face Near-Identical 55% Rejection Rates
PROPoliticsSep 21

Polarization Deepens as Brazil’s Top Presidential Candidates Face Near-Identical 55% Rejection Rates

The latest Quaest poll shows President Lula and Senator Flávio Bolsonaro are technically tied in rejection, highlighting deep voter dissatisfaction ahead of the election.

Lula Administration Approves 15% Bolsa Família Hike Weeks Before Election Runoff
PROPoliticsSep 21

Lula Administration Approves 15% Bolsa Família Hike Weeks Before Election Runoff

The Brazilian government identified R$19.6 billion in fiscal space, largely from lower Social Security spending, to fund a 15% increase in the minimum Bolsa Família benefit, raising it to R$691.

Fernando Haddad Threatens Reversal of São Paulo Privatizations, Eyes Sabesp Review
PoliticsSep 21

Fernando Haddad Threatens Reversal of São Paulo Privatizations, Eyes Sabesp Review

Gubernatorial candidate Fernando Haddad has promised a thorough review of privatized contracts and concessions in São Paulo, threatening the potential re-nationalization of sanitation company Sabesp.

Brazil Escalates Tech Crackdown, Sues Discord for R$500 Million Over Child Safety Failures
PoliticsSep 21

Brazil Escalates Tech Crackdown, Sues Discord for R$500 Million Over Child Safety Failures

Brazil's Attorney General's Office filed a civil lawsuit against Discord seeking R$500 million ($97 million USD) for allegedly failing to protect minors, testing the country's new digital child safety law.

Diverse Candidates Surge in Brazil’s 2026 Elections, Signaling Shift on Land and Social Policy
PoliticsSep 21

Diverse Candidates Surge in Brazil’s 2026 Elections, Signaling Shift on Land and Social Policy

A record number of Indigenous, Quilombola, and LGBTQIA+ candidates are running in Brazil's 2026 elections, marking a structural change in the political landscape.

Brazil Fires Eduardo Bolsonaro From Federal Police Role for 'Abandonment of Office'
PROPoliticsSep 21

Brazil Fires Eduardo Bolsonaro From Federal Police Role for 'Abandonment of Office'

Brazil's Ministry of Justice dismissed former Deputy Eduardo Bolsonaro from his permanent Federal Police post, compounding a recent criminal conviction and loss of his legislative seat.

Lula Suspends Tariff Threat on US Goods, But Keeps Economic Reciprocity Law Ready
PoliticsSep 21

Lula Suspends Tariff Threat on US Goods, But Keeps Economic Reciprocity Law Ready

President Lula announced Brazil will hold off on retaliatory tariffs against the US while trade negotiations continue, despite a formal start to the reciprocity process.

Bolsonaro Campaign’s Debt-Linked Fiscal Rule Could Freeze Brazil Federal Spending
PoliticsSep 21

Bolsonaro Campaign’s Debt-Linked Fiscal Rule Could Freeze Brazil Federal Spending

Leading presidential challenger Flávio Bolsonaro proposes a radical new fiscal rule tying spending caps to Brazil's high public debt.

Brazil’s Supreme Court Minister Orders Review of Securities Rules After Master Case Scandal
PROPoliticsSep 21

Brazil’s Supreme Court Minister Orders Review of Securities Rules After Master Case Scandal

STF Minister Flávio Dino mandated a 90-day review of Brazil's CVM rules following the politically charged Banco Master fraud case.

Brazilian Vice President Alckmin Calls for Fixed Terms, Ethics Code for Supreme Court Justices
PoliticsSep 21

Brazilian Vice President Alckmin Calls for Fixed Terms, Ethics Code for Supreme Court Justices

VP Geraldo Alckmin defended ending 'lifelong' tenure for STF ministers, proposing term limits and an ethics code as major constitutional reform.

Brazil Justice Ministry Dismisses Eduardo Bolsonaro from Federal Police Post
PoliticsSep 21

Brazil Justice Ministry Dismisses Eduardo Bolsonaro from Federal Police Post

Eduardo Bolsonaro, son of the former president, was dismissed from his Federal Police clerk position for abandoning office.