Taylor Taranto, Jan. 6 defendant arrested near Obama’s home, threatened to blow up van at government facility, feds say

Governor Tarcísio de Freitas is launching a transformative plan to save São Paulo up to R$20 billion ($3.88 billion) annually. This ambitious initiative aims to slash public spending, boost investments, and enhance the business environment. Central to the plan is the overhaul of tax incentives for businesses, currently totaling around R$60 billion ($11.65 billion). The […]

In 2023, Brazil’s major federal companies, including Petrobras, Banco do Brasil, BNDES, Caixa, and Correios, saw their profits drop by 24% to R$182 billion ($36.4 billion). This downturn occurred in the first year of President Lula’s third term. Petrobras notably experienced a 33% reduction in profit to R$124.6 billion ($24.92 billion). However, the oil giant […]