Lula Faces Challenges as Congress Dilutes Spending Cut Proposal Concerns over President Lula's fiscal management grow as Congress weakens a plan to slash 70 billion in public spending. Explore Brazil's fiscal policy challenges.
Brazil's Central Bank Sells $17 Billion in Currency Intervention Brazil's central bank has engaged in significant currency intervention, selling $17 billion in spot sales to stabilize the real amidst debt concerns.
Brazil's Central Bank to Auction $3 Billion to Boost Real Brazil's central bank plans a $3 billion auction to support the real amid debt concerns. Stay updated on this crucial currency intervention in emerging markets.
Brazilian Real Leads Emerging Market Losses with 1.7% Drop The Brazilian Real weakened by 1.7%, marking the largest decline among emerging market currencies. Stay updated on currency market trends.