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48 results for “Luiz Inacio Lula da Silva”

Lula Sanctions R$7 Billion Critical Minerals Policy, Adding Veto Power Over Foreign Deals
Brazil's President Luiz Inácio Lula da Silva signed a new minerals law offering R$7 billion in incentives while creating a government council to approve or veto foreign acquisitions in strategic sectors like lithium and nickel.

Brazil Launches R$5.2 Billion Tax Incentive for Data Centers to Power AI and Cloud Ambitions
President Luiz Inácio Lula da Silva sanctioned a new tax regime, Redata, to suspend federal taxes on data center equipment, a measure estimated to save the industry R$5.2 billion in 2026 and spur investment in AI infrastructure.

Lula Sanctions Redata Tax Break, Luring Billions to Brazil's Digital Infrastructure
President Luiz Inácio Lula da Silva enacted a new tax regime to incentivize international investment in Brazil's rapidly expanding data center sector.

Lula Sanctions R$30 Billion Credit Line for Taxi and App Drivers to Boost Auto Sales
Brazilian President Luiz Inácio Lula da Silva signed a law creating a massive R$30 billion subsidized credit line for transport workers to purchase new, sustainable vehicles.

Bolsonaro’s Son Takes First Numerical Lead Over Lula in New Brazil Election Poll
The latest Quaest poll shows Senator Flávio Bolsonaro leading President Luiz Inácio Lula da Silva 42% to 40% in a hypothetical runoff, signaling a sharp increase in electoral risk ahead of the October vote.

Brazil’s Presidential Candidates Lack Concrete Fiscal Plans to Tame 82% of GDP Debt
The election platforms of Luiz Inácio Lula da Silva and Flávio Bolsonaro offer vague solutions to Brazil's surging public debt, raising fears of post-election austerity.

Lula Labels Fiscal Surplus 'Nonsense,' Undermining Brazil's Budget Credibility
President Luiz Inácio Lula da Silva publicly dismissed fiscal surplus goals, rattling policy certainty and fueling concerns over increased public spending in Brazil.

President Lula Backs Term Limits for Brazil Supreme Court Justices Amid Institutional Crisis
Brazilian President Luiz Inácio Lula da Silva supports a discussion on fixed terms for Supreme Court justices, a major institutional shift, as the court faces an unprecedented crisis.

New Datafolha Poll Confirms Technical Tie Between Lula and Flávio Bolsonaro in Brazil Presidential Race
A new Datafolha poll shows President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro are in a statistical tie for Brazil's October presidential election, signaling high political uncertainty.

Business Leaders Warn of ‘Institutional Crisis’ as Brazil’s Supreme Court Clashes Over Federal Police Leadership
Major Brazilian business groups, including CNI and Fiesp, issued a manifesto after an unprecedented STF clash over the Federal Police Director.

Brazil’s Next President Must Find R$350 Billion Fiscal Effort to Stabilize Debt
Analysts warn that Brazil's next president, whether Lula or Bolsonaro, must implement a 2.5% of GDP fiscal effort to stabilize the national debt.

Ibovespa Surges 5.4% as Brazilian Market Prices In Shift Toward Fiscal Conservatism
Brazil's stock market rallied sharply on new polls suggesting a right-wing presidential victory is possible, boosting investor hopes for fiscal reform.

Lula Delays US Ambassador Approval Until After October Election, Escalating Diplomatic Feud
Brazilian President Luiz Inácio Lula da Silva is withholding approval of the US Ambassador-designate, Daniel Perez, until after the October general election, triggering a reciprocal move by Washington.

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.

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.

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.

Political Risk Weighs on Brazilian Real as Lula’s Poll Lead and JPMorgan Downgrade Stoke Fiscal Fears
The Brazilian Real weakened sharply after a poll affirmed President Lula's lead and JPMorgan downgraded Brazilian stocks, reflecting mounting investor worry over fiscal health.

Lula Government Approves Fiscal Curbs for 2027 Amid Push for Pre-Election Spending
Brazil's Congress approved spending triggers for 2027, deferring austerity while the government seeks new exemptions for 2026 spending.