S&P has upgraded Brazil's credit rating to 'BB' following a major tax reform. The lower house of Brazil's Congress has approved a bill to relax environmental licensing to pave a highway cutting through the heart of the Amazon. Brazil's Senate has passed a corporate tax discount reform to increase revenue. Brazil has also approved a plan for a major highway through the Amazon, using $1.3 billion from the Amazon Fund, alarming scientists and critics about the risk to the rainforest. Additionally, a congressional committee has approved the 2024 budget bill.
#Growth is killing the Mankind future https://t.co/yLoaOQ4Z6i #ClimateChange, #deforestation and other human threats are driving the rainforest towards a tipping point of sustainability. Researchers are racing to chart the Amazon’s future. https://t.co/1VJiA6f4TQ
⚠️ BRAZIL CONGRESSIONAL COMMITTEE APPROVES 2024 BUDGET BILL Full Story → https://t.co/qOjZvt2f81 https://t.co/9wtB7No4F1
🚨 BRAZIL APPROVES AMAZON RAINFOREST HIGHWAY Brazil passed a bill for a major highway through the Amazon. The plan includes using $1.3 billion from the Amazon Fund, alarming scientists about the risk to the world's largest rainforest. Critics warn of a potential surge in… https://t.co/3gpna4NqaK
⚠️ BRAZIL SENATE PASSES CORPORATE TAX DISCOUNT REFORM TO UP REVENUE Full Story → https://t.co/AK4RWd0d77
⚠️ BRAZIL LAWMAKERS PASS BILL TO PAVE A HIGHWAY THROUGH AMAZON RAINFOREST The lower house of Brazil's Congress has approved a bill to relax environmental licensing to pave a highway cutting through the heart of the Amazon that scientists say will threaten the future of the… https://t.co/rnmvSBKKIP
S&P upgrades Brazil to 'BB' following major tax reform https://t.co/7cn3qJpQJD https://t.co/fP4gItHgPA