NEWS FLASH

UPCOMING WEBINAR - TURKEY: FUNDAMENTAL CHANGE OR BUSINESS AS USUAL?...

Haddad canceled his trip to Berlin because of the ministerial meeting on Monday, Tarcísio met with Haddad to discuss São Paulo’s federal debt, and the bill on electronic gambling was approved in the Senate
BRAZIL POLITICS · Report · 14 Mar 2024

The Minister of Finance, Fernando Haddad, was going to participate in the 10th Edition of the Berlin Energy Transition Dialogue next week. However, he decided to cancel his trip because there will be a ministerial team meeting on Monday, March 18. Yesterday, the governor of São Paulo, Tarcísio de...

The House approved a bill that increases the income tax exemption limit, the STJ may adjudicate the case on the calculation of the ICMS, and the Comsefaz will meet to discuss the ICMS rate
BRAZIL POLITICS · Report · 13 Mar 2024

Yesterday, the House approved a bill that makes it possible to exempt individuals from the Income Tax (IRPF) on amounts up to two minimum wages (R$2,842.00). The measure is included in Bill 81/24, which will now be sent to the Senate. Also today, the 1st Section of the Superior Court of Justice (...

Lira will meet with party leaders to discuss the agenda, the president of Petrobras met with Lula to discuss dividends, and Lula has called for price reductions for electricity and food
BRAZIL POLITICS · Report · 12 Mar 2024

The president of the House, Arthur Lira, meets with party leaders today to discuss the week's agenda. Two themes may be on the agenda: bills on energy transition and fuel of the future. Yesterday, the president of Petrobras, Jean Paul Prates, had a meeting with President Lula, the Minister of Fin...

Lula's challenges and other weekly topics
BRAZIL POLITICS · Report · 11 Mar 2024

The government may submit a new bill to Congress on the Perse program and payroll tax relief for municipalities. The STJ should adjudicate the inclusion of energy tariffs in the calculation of the ICMS. Mauro Vieira talks about the government's foreign policy. This week's Talking Points: ...

Polls reflect drop in government’s approval ratings, the House continues to elect presidencies of the permanent committees, and the STJ may adjudicate the case on the calculation of the ICMS tax
BRAZIL POLITICS · Report · 11 Mar 2024

Last week, polls from three institutes (IPEC, Atlas, and Quaest/Genial) showed a drop in the government's ratings and raised concerns, especially due to the upcoming municipal elections. With this, President Lula is expected to hold a ministerial meeting next Monday, March 18. Also this week, the...

Lula’s approval ratings have dropped below 50%, the government should submit a bill next week on the Perse program, and the STJ will adjudicate a case on the calculation of the ICMS tax
BRAZIL POLITICS · Report · 08 Mar 2024

For the first time since the beginning of his term, the majority of Brazilians do not approve of the Lula government. Approval fell from 52% in January to 47% in March. Next week, the government should submit a bill to Congress that deals with the Emergency Program for the Resumption of the Event...

The House elected presidents of the permanent committees, Haddad meets with governors to discuss the Fiscal Recovery Regime, and the government’s approval rating drops
BRAZIL POLITICS · Report · 07 Mar 2024

Yesterday, the House began the election process for the permanent committees of the House. The presidents of 19 of the 30 committees were elected. Deputy Caroline de Toni (PL-SC) was elected president of the Constitution and Justice Committee (CCJ). The Minister of Finance, Fernando Haddad, met w...

Haddad is expected to submit a bill on Perse and the payroll tax reduction for municipalities, mayors hold a demonstration in Brasilia in defense of payroll tax reductions, and Lula will meet with the governor of Minas Gerais
BRAZIL POLITICS · Report · 06 Mar 2024

Yesterday, the Minister of Finance, Fernando Haddad, said that he will send a bill to Congress on the Emergency Program for the Resumption of the Events Sector (Perse) and the payroll tax exemption for municipalities. The submission should take place next week. Today, the National Confederation o...

Lula will meet with Senate leaders today to improve their relationship, the Ministry of Finance discusses Tax Reform regulation, and there is a new conflict between the Central Bank and the PT
BRAZIL POLITICS · Report · 05 Mar 2024

Today, President Lula will meet with the president of the Senate, Rodrigo Pacheco (PSD-MG), and party leaders. The objective of the meeting is to improve the relationship between the Executive Office and the National Congress. Yesterday, Minister Fernando Haddad said that the government's idea is...

Nods to opposing sectors and other weekly topics
BRAZIL POLITICS · Report · 04 Mar 2024

President Lula will meet with party leaders in the Senate. Mayors demonstrate in Brasília in defense of payroll tax relief for municipalities. The BC outlines its regulatory priorities for 2024. This week's Talking Points: * After crises, the União Brasil has new leaders. * ...

Lula will meet with Senate leaders this week to improve their relationship, mayors will hold a demonstration in Brasilia in defense of payroll tax reduction, and the CCJ is expected to discuss the new Electoral Code
BRAZIL POLITICS · Report · 04 Mar 2024

On Tuesday, March 5, President Lula will meet with the president of the Senate, Rodrigo Pacheco (PSD-MG), and party leaders. The objective of the meeting is to improve the relationship between the Executive Office and the National Congress. On Wednesday, March 6, the National Confederation of Mun...

The IBGE published the GDP at 2.9% for 2023, city halls will hold a demonstration in Brasilia next week in support of the payroll tax exemption, and the Senate discusses changes to electoral legislation
BRAZIL POLITICS · Report · 01 Mar 2024

Today’s highlight is the publication of the GDP result, which was reported by the IBGE at 2.9% for 2023. The result strengthens Minister Fernando Haddad in the government and increases his prestige within the National Congress. The National Confederation of Municipalities is organizing a demonstr...

The government submitted a payroll tax bill to Congress, Pacheco will meet with Senator Barros to discuss the carbon credit market bill, and Lula is expected to meet with Senate leaders next week to improve their relationship
BRAZIL POLITICS · Report · 29 Feb 2024

Yesterday, the government submitted a payroll tax bill to Congress. The text will replace the provisional measure (MP) that was issued in December last year and was poorly received among legislators. Pacheco also stated that he has a meeting in the next few days with Senator Leila Barros (PDT-DF)...

Lula signed a provisional measure that revokes the resumption of the payroll tax, the House approved the urgent status for the bill on crypto, and the STF will adjudicate the INSS lifetime review today
BRAZIL POLITICS · Report · 28 Feb 2024

Yesterday, Lula signed a provisional measure that revokes the resumption of the payroll tax, but it has not yet been published in the Federal Official Gazette. The measure was negotiated with the National Congress. Also yesterday, the House approved the urgent status for the bill dealing with cry...

The pace of activity in Congress is slow, Senators believe that Lula has paid too much attention to the House and not enough to the Senate, and the TSE will adjudicate cases regarding the upcoming municipal elections
BRAZIL POLITICS · Report · 27 Feb 2024

The combination of the lack of a concrete solution to the issue of congressional funds and issues such as the payroll tax exemption, in addition to the fact that the House is still discussing internally which party will lead which permanent committee of the House, considerably reduces the level o...