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Brazil’s 2025 Budget Proposal: Higher Wages and Zero Deficit Goals
The Brazilian government submitted its 2025 Annual Budgetary Law Project to Congress, setting the minimum wage at R$ 1,509 ($270). This represents a 6.87% increase from the current wage of R$ 1,412 ($252). The adjustment includes a 3.82% projected increase based on the INPC. Additionally, it includes a 2.91% real increase tied to 2023’s GDP […]
House finally passes key spending hurdle after week of GOP infighting
House Republicans passed a procedural hurdle on government funding on Tuesday night after a week of disarray that saw multiple planned votes scuttled. Lawmakers voted 216 to 212 late Wednesday to advance four appropriations bills, teeing them up for debate and final vote sometime this week. The only Republican to vote “no” was Rep. Marjorie […]