Brazil’s government faces a complex task in managing its fiscal policy. The administration of President Luiz Inácio Lula da Silva aims to limit major budget expenses to a real growth of 2.5% annually. This aligns with the fiscal framework’s ceiling. However, achieving this goal proves challenging without addressing existing rules and policies. The main hurdle […]
Related Posts
Botafogo Stars Shine as Brazil Climbs to Fourth in World Cup Qualifiers
Brazil secured a thrilling 2-1 comeback victory against Chile on Thursday. The match took place at the Julio Martínez Prádanos National Stadium in Santiago, Chile. This win propelled Brazil to fourth place in the South American World Cup Qualifiers for 2026. Chile struck early, taking the lead in the first minute through Vargas. The home […]
Milei gains further momentum in Argentina’s presidential race
With two months to go before Argentina’s first round of presidential elections, Javier Milei, the primary winner from August 13, is gaining traction. National polling averages show he has 35.85% of voter intentions, up from the 30.04% he secured in the primaries. The data, released on August 21, 2023, was sourced by the Clarín newspaper. […]
Amazon at Risk: Scientists Warn of Tipping Point by 2050
Brazilian scientists warn the Amazon Rainforest could hit a no-return point by 2050, speeding up climate change. Their Nature paper shows ongoing damage might trigger the forest’s decline, affecting global warming. Bernando Flores, from the Federal University of Santa Catarina UFSC and backed by the Serrapilheira Institute, warns of nearing critical environmental limits. Without action, […]