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404 results for “Lula

Lula Government Axes ‘Blusinhas Tax’ on US$50 Foreign E-Commerce, Reviving Political Debate
PoliticsAug 18

Lula Government Axes ‘Blusinhas Tax’ on US$50 Foreign E-Commerce, Reviving Political Debate

Provisional Measure zeros 20% federal import duty on low-value international purchases, reversing an unpopular 2024 policy.

Brazil's Ibovespa Suffers Longest Losing Streak in Three Years as $2.5 Billion in Foreign Capital Flees
PROInvestingAug 18

Brazil's Ibovespa Suffers Longest Losing Streak in Three Years as $2.5 Billion in Foreign Capital Flees

Foreign investors pull R$13.5 billion ($2.5B) from the B3 exchange as pre-election uncertainty and fiscal worries drive capital flight.

Fiscal Clash: Brazil’s Election Hinges on BNDES Role and Debt-Linked Spending Cap
PoliticsAug 18

Fiscal Clash: Brazil’s Election Hinges on BNDES Role and Debt-Linked Spending Cap

Presidential candidates Lula and Flávio Bolsonaro present starkly different plans for Brazil's state size, BNDES, and the public debt.

Brazil Fast-Tracks Constitutional Work Week Cut, Signaling Higher Labor Costs
PROPoliticsAug 18

Brazil Fast-Tracks Constitutional Work Week Cut, Signaling Higher Labor Costs

Senate prioritizes Constitutional Amendment Proposal to reduce Brazil's maximum work week from 44 to 40 hours.

Election Risk Prompts Hedge Funds to Unwind Profitable Brazilian Real Carry Trade
PoliticsAug 18

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.

Lula Elevates Equatorial Margin Oil Discovery to National Sovereignty Issue
PROPoliticsAug 18

Lula Elevates Equatorial Margin Oil Discovery to National Sovereignty Issue

Brazilian President Luiz Inácio Lula da Silva links Petrobras's new oil find off the Amazon coast to national security and future wealth.

Brazil Presidential Election Battle Centers on Fiscal Future, Threatening $1 Trillion Tax Reform
InvestingAug 18

Brazil Presidential Election Battle Centers on Fiscal Future, Threatening $1 Trillion Tax Reform

The clash between incumbent and opposition fiscal plans, tied to Brazil’s 81.9% public debt, puts the massive Tax Reform in political jeopardy.

Brazil’s Electoral Court Orders Lula Campaign to Remove Videos Over Illegal Early Solicitation of Votes
PoliticsAug 18

Brazil’s Electoral Court Orders Lula Campaign to Remove Videos Over Illegal Early Solicitation of Votes

Superior Electoral Court Minister André Mendonça ruled that President Lula's explicit vote requests violated campaign rules.

Lula Deploys Pro-Market Deputies to Assure Fiscal Rigor Amid Brazil Election Campaign
PROMarketsAug 18

Lula Deploys Pro-Market Deputies to Assure Fiscal Rigor Amid Brazil Election Campaign

Vice President Geraldo Alckmin and Finance Ministry officials are publicly defending fiscal balance to calm market concerns about government spending.

Tight Poll Confirms High Political Uncertainty as Brazil’s General Election Campaign Begins
PROPoliticsAug 18

Tight Poll Confirms High Political Uncertainty as Brazil’s General Election Campaign Begins

The official campaign start for the 2026 Brazilian General Election reveals a high-stakes, technically tied race between Lula and Flávio Bolsonaro.

Lula’s Key Labor Reform Stalls in Senate Until After Elections Amid Political Maneuvering
PROPoliticsAug 18

Lula’s Key Labor Reform Stalls in Senate Until After Elections Amid Political Maneuvering

Senate President Davi Alcolumbre has shelved a proposed workweek reduction, a major Lula priority, until November, neutralizing a key electoral plank.

Lula Administration Escalates Trade Tensions With US, Invokes New Reciprocity Law Against Tariffs
PROPoliticsAug 18

Lula Administration Escalates Trade Tensions With US, Invokes New Reciprocity Law Against Tariffs

Brazil formally triggered its Economic Reciprocity Law in response to high US tariffs, escalating US-Brazil trade friction.

Brazil Asset Drop Signals Election Risk as Lula's Poll Lead Confirms Fiscal Fears
PoliticsAug 18

Brazil Asset Drop Signals Election Risk as Lula's Poll Lead Confirms Fiscal Fears

The official start of Brazil's presidential campaign has led to a market sell-off, driven by incumbent Lula's lead in recent polls.

Lula Delays US Ambassador Approval Until After Election, Citing Interference Concerns
PROPoliticsAug 18

Lula Delays US Ambassador Approval Until After Election, Citing Interference Concerns

Brazilian President Luiz Inácio Lula da Silva is withholding consent for US ambassador-designate Daniel Perez until after the October election.

Lula Administration Deploys Alckmin and Durigan to Vow Fiscal Rigor, Combat Brazil Country Risk Premium
MarketsAug 17

Lula Administration Deploys Alckmin and Durigan to Vow Fiscal Rigor, Combat Brazil Country Risk Premium

Brazil's top economic officials pledged commitment to sustainable surpluses to reduce the country's high sovereign risk and domestic interest rates.

Flávio Bolsonaro’s Presidential Platform Promises Tech Hub Status, Regulatory Overhaul
PoliticsAug 17

Flávio Bolsonaro’s Presidential Platform Promises Tech Hub Status, Regulatory Overhaul

Brazil's main opposition candidate Flávio Bolsonaro released a platform focused on digital infrastructure, a 'global data center' push, and a widespread regulatory revamp.

Brazil’s Twin Pressures: Fiscal Fear Meets State-Led Oil Boom
PROMarketsAug 17

Brazil’s Twin Pressures: Fiscal Fear Meets State-Led Oil Boom

Growing public debt and bank demands for clarity clash with Lula's state-led growth agenda, as Petrobras announces a major oil find.

Federal Police Intercept Messages Linking Lula’s Son, Lulinha, to Lobbyist and 'Switzerland'
PROPoliticsAug 17

Federal Police Intercept Messages Linking Lula’s Son, Lulinha, to Lobbyist and 'Switzerland'

Brazil's Federal Police intercepted messages between President Lula’s son, Fábio Luís Lula da Silva, and a lobbyist in a new traffic of influence inquiry.

Lula Re-Frames Amazon Oil Drilling as Global Supply Chain Necessity, Citing Hormuz Risk
PROPoliticsAug 17

Lula Re-Frames Amazon Oil Drilling as Global Supply Chain Necessity, Citing Hormuz Risk

President Lula has shifted his justification for Equatorial Margin drilling to national security following Petrobras's Morpho discovery.

Petrobras Confirms Oil Discovery in Amazon Mouth Basin, Igniting Fierce Environmental and Economic Battle
PROMarketsAug 17

Petrobras Confirms Oil Discovery in Amazon Mouth Basin, Igniting Fierce Environmental and Economic Battle

State-owned Petrobras confirms hydrocarbons in the controversial Equatorial Margin, sparking a debate between Lula's economic vision and climate goals.

Major Brazilian Banks Demand Fiscal Clarity as Public Debt Surges
PROPoliticsAug 17

Major Brazilian Banks Demand Fiscal Clarity as Public Debt Surges

Financial institutions are pressuring presidential candidates for a credible fiscal plan, citing debt concerns and high political risk.

Flávio Bolsonaro Leads Lula by Wide Margin in Brazil’s Agro-business Heartland, Signaling Conservative Strength
PROPoliticsAug 17

Flávio Bolsonaro Leads Lula by Wide Margin in Brazil’s Agro-business Heartland, Signaling Conservative Strength

A new poll shows Flávio Bolsonaro leading in the key agricultural state of Mato Grosso, underscoring Brazil's deep political divide.

Petrobras Confirms Hydrocarbon Find Off Amapá, Reopening Brazil’s Equatorial Margin Oil Fight
PROMarketsAug 17

Petrobras Confirms Hydrocarbon Find Off Amapá, Reopening Brazil’s Equatorial Margin Oil Fight

State-run Petrobras confirmed hydrocarbons in the Foz do Amazonas basin, sparking an environmental-versus-energy security debate.

Lula Re-Election Platform Prioritizes Social Spending and State-Led Development Over Fiscal Austerity
PROPoliticsAug 17

Lula Re-Election Platform Prioritizes Social Spending and State-Led Development Over Fiscal Austerity

Brazil's President Lula confirms a platform focused on social programs and state economic involvement for his likely re-election bid.

Lula’s Son Linked to Intercepted Text Mentioning ‘Switzerland’ as Police Probe Influence Peddling
PROPoliticsAug 17

Lula’s Son Linked to Intercepted Text Mentioning ‘Switzerland’ as Police Probe Influence Peddling

Federal Police expand probe into Fábio Luís Lula da Silva after finding a text suggesting an illicit future.

Lula’s R$180 Billion Stimulus Battles High Selic Rate, Creating Fiscal-Monetary Showdown in Brazil
PoliticsAug 17

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.

Federal Police Probe Into Lula’s Son Raises Political Risk Ahead of Brazilian Election
PoliticsAug 17

Federal Police Probe Into Lula’s Son Raises Political Risk Ahead of Brazilian Election

Brazil's Federal Police is investigating President Lula's son, Fábio Luís Lula da Silva, for alleged influence peddling.

Brazil Supreme Court Set for Longest Vacancy as Historic Senate Impasse Blocks Judicial Pick
PoliticsAug 17

Brazil Supreme Court Set for Longest Vacancy as Historic Senate Impasse Blocks Judicial Pick

The Supreme Federal Court vacancy has surpassed ten months following the Senate's rejection of President Lula's nominee.

Brazil’s Fiscal Fight Splits Election: Lula’s Bloc Focuses on New Revenue, Bolsonaro’s on Debt-Linked Spending Cuts
PoliticsAug 17

Brazil’s Fiscal Fight Splits Election: Lula’s Bloc Focuses on New Revenue, Bolsonaro’s on Debt-Linked Spending Cuts

Foreign investors are unnerved by the starkly contrasting fiscal proposals from Brazil's leading political blocs as they eye the country's rising sovereign debt.

Pre-Election Gridlock Shelves Lula’s Key Electoral Promise in Brazil’s Assertive Senate
PoliticsAug 17

Pre-Election Gridlock Shelves Lula’s Key Electoral Promise in Brazil’s Assertive Senate

Political infighting in the Brazilian Senate is stalling the government’s major legislative agenda, including the worker-friendly 6x1 PEC.