In the first two years of Luiz Inácio Lula da Silva’s third term as president, Brazil’s state-owned companies have accumulated a significant deficit. Federal, state, and municipal state-owned enterprises recorded a deficit of R$9.76 billion ($1.74 billion) adjusted for inflation. This negative balance marks the largest deficit of the 21st century in less than two […]
Related Posts
Opinion: Imran Khan’s turbulent journey is a symptom of Pakistan’s chronic ills
(Opinion) Imran Khan’s turbulent journey is a symptom of Pakistan’s chronic ills. The dramatic turn of events surrounding former Prime Minister Imran Khan’s political and legal battles casts a long shadow on Pakistan’s already tumultuous political landscape. Khan, a former cricket star turned politician, has been a polarizing figure in Pakistani politics, facing allegations of […]
Fox News AI Newsletter: AI bad actors ‘not very Christian’
IN TODAY’S NEWSLETTER: – ‘CHiPs’ star Erik Estrada says certain people using AI are not ‘very Christian’– Las Vegas Sphere’s robot is seen ‘learning about humans’ from her interactions with guests– OpenAI reportedly looking to strip control from nonprofit board, go for-profit in restructuring ‘CAN DESTROY LIVES’: During an interview with Fox News Digital, the […]
IMF Predicts Significant Increase in Brazil’s Public Debt-to-GDP Ratio
The International Monetary Fund (IMF) has issued a concerning forecast regarding Brazil’s public finances amid fears of a fiscal crisis. The IMF anticipates that Brazil’s public debt as a percentage of its Gross Domestic Product (GDP) will rise by over 10 percentage points during President Lula’s third term. The organization remains skeptical about the government’s […]