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Maria Carolina Marcello

Brazil markets spooked by minister's complaints on pension reform

15 Jun 2019

RIO DE JANEIRO Brazil's economy minister and lower house speaker exchanged harsh words on Friday over progress on pension reform, creating another drag on Brazilian financial assets already feeling the heat from global market weakness.

Brazil markets spooked by minister's complaints on pension reform

14 Jun 2019

RIO DE JANEIRO Brazil's economy minister and lower house speaker exchanged harsh words on Friday over progress on pension reform, creating another drag on Brazilian financial assets already feeling the heat from global market weakness.

UPDATE 1-Brazil markets spooked by minister's complaints on pension reform

14 Jun 2019

RIO DE JANEIRO, June 14 Brazil's economy minister and lower house speaker exchanged harsh words on Friday over progress on pension reform, creating another drag on Brazilian financial assets already feeling the heat from global market weakness.

UPDATE 2-Brazil pension reform bill would save 913 bln reais, seen as government 'victory'

13 Jun 2019

BRASILIA, June 13 An overhaul of Brazil's social security system will generate savings of 913.4 billion reais ($237 billion) over the next decade with changes to a draft bill proposed in a long-awaited congressional report presented on Thursday.

Brazil's National Congress approves supplementary credit to meet expenses

12 Jun 2019

BRASILIA Brazil's National Congress on Tuesday approved a supplementary credit worth 248.9 billion reais ($64.62 billion) to ensure the government can make payments for social programs and meet other expenses.

Brazil Senate clears runway for foreign airlines on domestic routes

23 May 2019

BRASILIA Brazil's Senate on Wednesday passed legislation allowing foreign-controlled airlines to operate domestic flights, opening up Latin America's largest air travel market after years of debate.

Brazil lower house votes to allow foreign airlines in domestic market

22 May 2019

BRASILIA Brazil's lower house of Congress voted on Tuesday to allow foreign-controlled airlines to operate domestic flights in Latin America's largest economy, opening the door to more competition in an increasingly concentrated market.

Brazil lawmakers vote to strip financial oversight from justice minister

10 May 2019

BRASILIA Brazilian lawmakers dealt a blow to the country's graft-busting Justice Minister Sergio Moro on Thursday, when a congressional committee voted to transfer a key tool for monitoring financial transactions to the recently formed Economy Ministry.

Brazil lawmakers vote to strip financial oversight from justice minister

09 May 2019

BRASILIA, May 9 Brazilian lawmakers dealt a blow to the country's graft-busting Justice Minister Sergio Moro on Thursday, when a congressional committee voted to transfer a key tool for monitoring financial transactions to the recently-formed Economy Ministry.

Brazil markets cheer as pension reform passes congressional hurdle

24 Apr 2019

BRASILIA Brazilian markets rose on Tuesday after the path was cleared for a congressional committee vote on pension reform, a sign that the government is finally getting political backing for the most important element of its economic reform agenda.

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