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420 results for “lula

Fiscal Showdown Defines Brazil’s 2026 Presidential Race as Debt Hits Critical Level
PROPoliticsAug 20

Fiscal Showdown Defines Brazil’s 2026 Presidential Race as Debt Hits Critical Level

Brazil's presidential election pits Lula's spending continuity against a debt-linked cap from the opposition, with public debt at 81.9% of GDP.

Lula Government Rushes 40-Hour Work Week Amendment Through Brazilian Senate Before Election
PoliticsAug 20

Lula Government Rushes 40-Hour Work Week Amendment Through Brazilian Senate Before Election

President Lula pushed the Senate to fast-track a constitutional amendment mandating a 40-hour, 5x2 work week without cutting wages.

Lula Campaign Pledges 2% of GDP Fiscal Adjustment to Combat Brazil’s High Interest Rates
PROMarketsAug 20

Lula Campaign Pledges 2% of GDP Fiscal Adjustment to Combat Brazil’s High Interest Rates

Finance Minister Dario Durigan commits a future Lula administration to a 2% of GDP fiscal effort to lower the 14.00% Selic rate and stabilize public debt.

Financial Flight: Foreign Capital Exit Masks BRL's Trade Surplus Support
PROCurrenciesAug 20

Financial Flight: Foreign Capital Exit Masks BRL's Trade Surplus Support

Brazil's record trade surplus is masking a massive year-to-date foreign capital flight, leaving the Brazilian real vulnerable if commodity exports slow.

Brazil’s Top Prosecutor Seeks to Downgrade Lulinha Influence Peddling Probe, Citing Lack of Jurisdiction
PoliticsAug 20

Brazil’s Top Prosecutor Seeks to Downgrade Lulinha Influence Peddling Probe, Citing Lack of Jurisdiction

PGR asks Supreme Court to move investigation into Fábio Luís Lula da Silva to a lower court, potentially lowering its political profile.

Brazil’s Polarized Election Battle Lines Drawn Over Debt-to-GDP Crisis
PROMarketsAug 19

Brazil’s Polarized Election Battle Lines Drawn Over Debt-to-GDP Crisis

Brazil's leading presidential candidates offer two starkly different plans to tackle the country's 81.9% Debt-to-GDP ratio and lower the cost of capital.

Brazil Trade Minister Calls US Tariffs 'Illegal,' Delays Reciprocity Until After October Election
PROPoliticsAug 19

Brazil Trade Minister Calls US Tariffs 'Illegal,' Delays Reciprocity Until After October Election

Brazil's Trade Minister has condemned new US tariffs ranging up to 37.5% but is prioritizing talks to avoid a trade war in the election year.

Lula, Senate President End Rift, Unlocking Critical Minerals and Labor Agenda
PoliticsAug 19

Lula, Senate President End Rift, Unlocking Critical Minerals and Labor Agenda

President Lula and Senate President Davi Alcolumbre reconcile, moving key government proposals through legislative gridlock.

Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model
PROMarketsAug 19

Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model

Ildo Sauer, who helped launch Brazil's pre-salt oil era, argues new Equatorial Margin discoveries must change from a profit-focused model.

Election Uncertainty Drives Up Brazil’s Long-Term Borrowing Costs as Debt Hits 81.9% of GDP
PROPoliticsAug 19

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.

Lula’s Son, Bolsonaro’s Sons Under Federal Police Investigation in Dual Corruption Probes
PROPoliticsAug 19

Lula’s Son, Bolsonaro’s Sons Under Federal Police Investigation in Dual Corruption Probes

Federal Police are investigating Fábio Luís Lula da Silva and Senator Flávio Bolsonaro, escalating political risk ahead of the election.

Brazil Treasury Signals Marginal Rise in Foreign Currency Debt Target to 7%
PROCurrenciesAug 19

Brazil Treasury Signals Marginal Rise in Foreign Currency Debt Target to 7%

The Brazilian National Treasury plans to increase its foreign currency-indexed debt target from 5% to 7% of the Federal Public Debt, seeking better cost management.

Lula Allies Push State-Controlled Oil Model on New Brazil Frontier After Petrobras Find
MarketsAug 19

Lula Allies Push State-Controlled Oil Model on New Brazil Frontier After Petrobras Find

Petrobras confirmed a hydrocarbon find in the Equatorial Margin, fueling a push by Lula's allies to introduce a production sharing model for future blocks.

Lula-Alcolumbre Détente Ends Legislative Gridlock in Brazil Senate
PoliticsAug 19

Lula-Alcolumbre Détente Ends Legislative Gridlock in Brazil Senate

Political estrangement between President Lula and Senate President Davi Alcolumbre ends, unblocking key government agenda items.

Brazil’s Presidential Candidates Avoid Concrete Fiscal Plans, Raising Macroeconomic Uncertainty
PROPoliticsAug 19

Brazil’s Presidential Candidates Avoid Concrete Fiscal Plans, Raising Macroeconomic Uncertainty

The tight 2026 Brazil election race between Lula and Flávio Bolsonaro is increasing country risk due to a lack of detailed budget proposals.

U.S. Revokes Brazil Ambassador’s Visa as Lula Withholds Approval for Trump Nominee Daniel Perez
PROPoliticsAug 19

U.S. Revokes Brazil Ambassador’s Visa as Lula Withholds Approval for Trump Nominee Daniel Perez

Diplomatic row escalates after Brazil delays agrément for US ambassador nominee Daniel Perez until after October election.

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.