Expense cut
Price around 10:26 am renewed historic record after announcement of tax measures. (Photo: Sebastião Moreira/EFE)
Dollar hits R$6.11 one day after the announcement of spending cuts
CAE President plans hearing for new Central Bank directors until 12/14
Gross debt in the Lula government exceeds R$9 trillion for the first time in history
Another investment bank downgrades Brazilian shares after Haddad’s announcement
Government reduces Budget blockade and reduces deficit forecast
Haddad’s package marks a divorce with the market and does not “tickle” the public debt
Haddad complains about leak about IR exemption: “There’s no point complaining about the market”
Lula appoints three new directors for the Central Bank
