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12/11/2026

Brazil's Minister of Planning and Budget Moretti: There is nothing in the agenda of Brazilian President Lula's fourth administration about stripping people of their rights. Proposals can only function well in a society with fiscal balance.

Latest

9 m ago

Brazil's Planning and Budget Minister Moretti: We propose a comprehensive cut in tax incentives in the fiscal bill. In addition, if a situation arises requiring a freeze on spending, the option of restricting tax credits used for tax deductions can be activated. This provides flexibility for public account managers without the need for austerity-driven fiscal adjustment. The bill also proposes limiting certain expenditures by an amount of approximately 10 billion to 11 billion reais.

12 m ago

According to U.S. and Middle Eastern officials and sources familiar with the negotiations, U.S. Vice President Vance is considering holding a face-to-face meeting with a senior Iranian security official.

13 m ago

WTI December crude oil futures settled at $86.53 per barrel. NYMEX December natural gas futures settled at $3.2150 per million British thermal units. NYMEX December gasoline futures settled at $2.6075 per gallon, and NYMEX December heating oil futures settled at $4.2113 per gallon.

20 m ago

Brazil's Planning and Budget Minister Moretti: The Brazilian people should expect President Lula's new term to renew commitments to social policies. This plan includes maintaining the minimum spending floor in the healthcare sector at its current level.

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