Brazil scales back levies on foreign loans to help prop the national currency

Thursday, June 5th 2014 - 06:54 UTC

Full article 4 comments

The government of Brazil is cutting the tax obligations faced by business receiving foreign loans, opening the door to more financing opportunities, while helping address the problem of the falling value of the national currency, Real. Read full article

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yankeeboy
We do not administer our currency to control inflation,”
Que?
What does it do then?
Jun 05th, 2014 - 11:28 am - Link - Report abuse 0
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ChrisR
@ 1 yankeeboy

It should have read:
“We don't KNOW how to administer our currency to control inflation”

Brazil's economy will never improve whilst this liar is the Finance Minister.
Jun 05th, 2014 - 11:45 am - Link - Report abuse 0
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yankeeboy
Ahh that makes much more sense.
Jun 05th, 2014 - 11:52 am - Link - Report abuse 0
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Jack Bauer
As a matter of fact, Mantega lives just one block away from me, and about 5 years ago, when my wife and I were at a pizza joint in the neighbourhood , who walks in and sits down beside us ? the dimwit Mantega. It took quite a bit of restraint (from my wife) to prevent me from turning around and telling him what a f*ck-up he was (and still is).
Jun 14th, 2014 - 06:43 pm - Link - Report abuse 0
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