Brazil's Finance Minister Fernando Haddad expressed concern about the country’s fiscal outlook during a Friday afternoon meeting with investors, which led to a decline in assets and a public attempt to mitigate the damage. Additionally, the chairman of Brazilian sugar giant Cosan criticized the fiscal policy of President Luiz Inacio Lula da Silva’s government, stating that the reforms do not reduce public debt and will keep interest rates high. A surprise tax change in Brazil's agriculture sector is also causing disruptions and drawing criticism from groups representing some of the world’s top crop traders.
A surprise tax change in agriculture powerhouse Brazil is disrupting business and drawing the ire of groups representing some of the world’s top crop traders https://t.co/zbWCI65Fdv
Merchants will likely raise soy prices, making beans grown in Brazil less competitive with American soy, the risk management firm said https://t.co/xUPppEPdaW #soybeans 🌱
The chairman of Brazilian sugar giant Cosan criticized the fiscal policy of President Luiz Inacio Lula da Silva’s government, saying the reforms don’t reduce public debt and will keep interest rates high https://t.co/bvIv0NC9oS via @bpolitics @LEO_LARA
The chairman of Brazilian sugar giant Cosan criticized the fiscal policy of President Luiz Inacio Lula da Silva’s government, saying the reforms don’t reduce public debt and will keep interest rates high https://t.co/neln5enPSC
Brazil Finance Minister Fernando Haddad expressed concern about the country’s fiscal outlook during a Friday afternoon meeting with investors, tanking assets and sparking a public attempt to contain the damage https://t.co/2dAkRyLlhw