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14 results for “Lula administration”

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.

Brazil Warns US Foreign Terrorist Designation for PCC, CV Risks Military Action
The Lula administration is warning that the U.S. designation of Brazil’s largest criminal groups, PCC and CV, as Foreign Terrorist Organizations is a "unilateral act" that could be a pretext for U.S. military intervention and financial sanctions.

Lula’s Energy Minister Cited in Failed Plea Deal Over R$20 Million Campaign Fund Allegation
A key minister in the Lula administration, Alexandre Silveira, was cited in a rejected plea deal by ex-Banco Master owner Daniel Vorcaro for R$20 million in illegal funds.

Brazil’s Chamber of Deputies Approves End to ‘Blouse Tax’ on $50 E-commerce Imports
Brazil's Chamber zeroed the federal import tax on international purchases up to $50, boosting foreign e-commerce and sending the bill to the Senate.

Lula-Backed 40-Hour Work Week Proposal Reaches Critical Senate Committee
Brazil's Senate President sent the constitutional amendment for a 40-hour work week to the key Constitution and Justice Committee, signaling a government priority.

Brazil Finance Minister Dario Durigan Outlines Re-election Economic Pitch: Fiscal Discipline to Cut Selic Rate
Dario Durigan clarified the Lula administration's economic focus, linking strict fiscal control to lower interest rates and a key labor reform.

Lula’s Son Investigation Faces Jurisdiction Battle Between PGR and Brazil’s Supreme Court
Brazil’s top prosecutor seeks to move the influence-peddling probe into Fábio Luís Lula da Silva out of the STF.

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.

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.

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.

Federal Police Indicts Ex-Lula Appointee in R$6.3 Billion INSS Fraud Probe
The indictment of former INSS President Alessandro Stefanutto for organized crime and corruption raises significant Brazil governance risk under the Lula administration.

Haddad’s São Paulo Run Becomes PT’s Strategic Proxy for Lula’s Policy Continuity
The PT is heavily prioritizing former Finance Minister Fernando Haddad's run for São Paulo governor, turning the state race into a direct test of the Lula administration's economic policy direction and stability for investors.

Petrobras Policy Confirms Political CapEx Priority, Slashing Minimum Dividend Payout to 45% FCF
Petrobras (PETR4) cut its minimum dividend payout to 45% of Free Cash Flow, confirming the Lula administration's push for investment over returns.

Lula Reform Bills Delayed Until Post-Election Amid Senate Gridlock
The Lula administration faces legislative delays on key bills, including the PEC 6x1, as Senate gridlock and election campaigns stall the congressional agenda.