Tag: Brazilian congress

• Wednesday, May 20th 2020 - 08:55 UTC

  British supermarkets and EU investors warn Brazil if an Amazon contentious bill is approved in congress

  

  British supermarkets have warned Brazil they might have to boycott its products if lawmakers there pass a contentious bill that could enable faster destruction of the Amazon rainforest.

• Thursday, March 12th 2020 - 07:48 UTC

  With local elections looming, Brazilian congress overturns Bolsonaro veto on social spending

  

  Brazil's Congress overturned a presidential veto on Wednesday in an ongoing battle over appropriations with President Jair Bolsonaro, doubling social assistance for elderly and disabled people that will cost an extra 20 billion reais (US$ 4.2 billion) this year.

• Wednesday, May 8th 2019 - 09:58 UTC

  Bolsonaro signs decree making it easier to own, carry and import weapons

  

  Brazil's President Jair Bolsonaro signed a decree on Tuesday making it easier for gun enthusiasts to own, carry and import weapons in one of the world's deadliest countries. Beaming members of Congress and industry lobbyists clapped and made pistol signs with their hands as the ex-army captain relaxed rules that critics fear could pave the way for the carrying of weapons in the streets.

• Thursday, April 18th 2019 - 08:22 UTC

  Minister says pension reform will pass within four months, helping the Brazilian economy to grow by 3.5%

  

  Brazil's economic growth may accelerate to a 3.5% annual rate in the second half of the year after the approval of pension reforms, Economy Minister Paulo Guedes said in an interview with TV channel Globo news.

• Thursday, March 28th 2019 - 09:31 UTC

  As Bolsonaro's influence wanes, Congress more demanding and minister Guedes ready to resign

  

  Brazilian President Jair Bolsonaro and his economy minister tried to rescue their contentious pension reform bill on Wednesday, as deepening political chaos surrounding the government’s signature proposal slammed Brazilian markets.

• Thursday, February 21st 2019 - 08:44 UTC

  Bolsonaro presents to Congress his pensions overhaul... Where are the necessary votes?

  

  Brazilian President Jair Bolsonaro delivered his proposed pension overhaul to Congress on Wednesday, aiming to save over 1 trillion reais (US$270 billion) in a decade by changing tax rates, delaying retirement and creating individual savings accounts.

• Friday, February 1st 2019 - 11:10 UTC

  Brazil's fiscal deficit in December, a challenge for Bolsonaro and the new Congress

  

  The Brazilian government posted a fiscal deficit of 41.13 billion reais (US$ 11.27 billion) in December, the third widest monthly deficit on record, the central bank said on Thursday. While it was in line with forecasts and amplified by seasonal factors, the shortfall highlights the challenge of exerting tighter control over the country's finances which new President Jair Bolsonaro has said is one of his top priorities.

• Friday, February 1st 2019 - 10:43 UTC

  New Brazilian Congress opens with great challenges, but Bolsonaro has been made vulnerable by Flavio's finances

  

  The real business of governing Brazil starts this Friday for president Jair Messias Bolsonaro with the opening of the new congress through which his ambitious reform program must pass. The former army captain is currently absent from Brasilia will have to follow events from his hospital bed in São Paulo, where he is recovering from a third major operation following his stabbing at a campaign rally last year that almost cost him his life.

• Wednesday, December 5th 2018 - 09:40 UTC

  Will Bolsonaro be able to overcome the traditional “horse trading” of Congress

  

  Traditionally leaders of Brazil have had to offer ministerial posts to allied parties to form a working majority in a Congress that has more than two dozen parties. But following years of corruption scandals that pummeled trust in Brazil’s political establishment, president-elect Jair Bolsonaro has chosen his cabinet ignoring powerful party bosses.

• Wednesday, November 7th 2018 - 08:51 UTC

  Bolsonaro wants pension reform passed before he takes office on January first

  

  Brazil’s right-wing President-elect Jair Bolsonaro said on Tuesday that Congress must make some progress this year on a pension reform proposed by the outgoing government before he takes office on January first.