Brazilian Finance Minister Fernando Haddad said Wednesday that there was consensus among the ruling coalition that President Luiz Inácio Lula da Silva should seek reelection in 2026.
Brazilian Finance Minister Fernando Haddad said in New York that he believed the future of Mercosur hinged on the outcome of this year's presidential elections in Argentina, Agencia Brasil reported. He also denounced France's attempt to delay the Mercosur-EU trade agreement from becoming effective.
Brazilian President Luiz Inácio Lula da Silva Monday enacted a provisional measure (MP) providing for the collection of taxes of between 15% and 20% on exclusive funds with a single shareholder, Agência Brasil reported.
Argentina's Economy Minister and presidential candidate Sergio Massa Monday announced after a meeting with his Brazilian colleague Fernando Haddad and with President Luiz Inácio Lula da Silva that an agreement had been reached to finance imports worth US$ 600 million, among other achievements.
Brazil's Finance Minister Fernando Haddad said Wednesday in Johannesburg during the 15th BRICS Summit that Argentina might finance its foreign trade with his country by using Chinese yuan instead of US dollars, Agência Brasil reported.
Brazil's Finance Minister Fernando Haddad said the federal government was considering additional taxes to the country's largest fortunes to correct absurd things in the tax system, it was reported. According to the former presidential candidate, the government wants to tax the super rich who have offshore funds or hold their investments in exclusive funds that currently do not pay income tax.
Brazil's Finance Minister Fernando Haddad Wednesday said that the improved outlook by the risk rating agency Standard & Poor's (S&P) was due to the harmony between the branches of government, Agencia Brasil reported. In Haddad's view, National Congress and the Federal Supreme Court (STF) have an important role in the S&P's decision, but the Central Bank (BCB) needs to join the effort and start reducing the interest rates.
Brazilian President Luiz Inácio Lula da Silva is in favor of a package of measures to boost the production of a so-called popular car, according to Finance Minister Fernando Haddad, Agencia Brasil reported.
The Brazilian Government of President Luiz Inàcio Lula Da Silva Thursday asked the US Treasury Department to exert some pressure on the International Monetary Fund (IMF) -of which the US is the largest shareholder- to help Argentina overcome the current crisis caused by the drought while still bound by commitments signed with the world entity, which are holding back the economic development of the South American country.
Brazilian President Luiz Inácio Lula Da Silva was offered a grand welcome by his Chinese colleague Xi Jinping as both leaders set out the guidelines for a partnership that will undoubtedly play a role in world events. China will open new opportunities for Brazil, Xi said.