Hints and tips:
...Finance minister Fernando Haddad said the deficit had been a structural problem since 2015. “Brazil is growing less because of this....
...He noted that finance minister Fernando Haddad had co-authored an article last year, before he took his current job, proposing a South American digital common currency....
...Haddad has said the number of exemptions was likely to push it up to 27.5 per cent, which opponents say would rank among the highest consumption taxes in the world....
...While this year’s zero-deficit target is defended by Haddad, Lula has suggested it may not be achieved....
Leftwing leader Lula wants state to play a greater role in economic development
...Finance minister Fernando Haddad was in New York in September looking for investment in green energy, but state-controlled oil group Petrobras has pledged to invest more than 80 per cent of its $78bn of...
...Congress will also have a say on the government’s recently announced budget for next year as well as a proposal by finance minister Fernando Haddad to tax offshore entities and online sports gambling....
...Finance minister Fernando Haddad has pledged to achieve a balanced budget before debt interest payments by next year, intending to raise revenues with measures such as duties on online gambling and a clampdown...
...Finance minister Fernando Haddad said at an event in New York this week that while the size of the bond had yet to be determined, there was an expectation of raising about R$10bn ($2bn)....
...Additional reporting by Carolina Ingizza and Michael Stott...
...Gabriel Galípolo, a 40-year-old former banking executive who is deputy to finance minister and Lula loyalist Fernando Haddad, will serve as the institution’s new monetary policy director....
...In an interview earlier this year, Haddad said the neoliberal, free-market focus of the outgoing administration of Jair Bolsonaro was “unsustainable”....
...Brazil’s finance minister Fernando Haddad complained while in Beijing: “We’re almost going through a period of US disinvestment with companies leaving the country.”...
...In a nod to those tensions with its rival north of the equator, Brazil’s current finance minister Fernando Haddad last year co-authored a piece suggesting a common currency called the “sur”, or south....
...Investors were also waiting to see who Lula would pick for the crucial roles of finance minister and chief of staff, with former health minister Alexandre Padilha and Fernando Haddad, the ex-mayor of São...
...In contention for the role are PT loyalists such as Fernando Haddad, who on Sunday lost the São Paulo gubernatorial election to the pro-Bolsonaro Tarcísio de Freitas, and Alexandre Padilha, a former health...
...Lula has said he would prefer a politician to a technocrat, with ally Fernando Haddad, a former mayor of São Paulo, and Alexandre Padilha, ex-health minister, among those in contention....
...LatAm editor Michael Stott says Castillo’s attempted coup “was as incompetent as his attempts at government” and masks a deeper problem with Peru’s political system....
...Additional reporting by Michael Pooler and Carolina Ingizza...
...But any attempt to do so could harm Brazil’s political institutions and undermine its still young democracy, warned Michael Shifter of the Inter-American Dialogue, a Washington think-tank....
...His main rival is Fernando Haddad from the leftist Workers’ party, or PT, with 22 per cent....
...“We think the odds for a true reformist to become the next president have declined,” said Michael Bolliger, analyst at UBS....
...Haddad has advanced to the first round in a much stronger position than expected.”...
...Hurricane Michael made landfall in Florida on Wednesday. With winds topping 155mph, it is one of the strongest storms to hit the US in decades....
...Michael Mackenzie, in his Market Forces newsletter, looks at the signals that require monitoring as what looks like a market correction plays out....
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