Brazil's Finance Minister Fernando Haddad on Thursday sought to calm the market following a meltdown over the announcement of ...

Brazil Finance Minister Fernando Haddad has unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public ...

Finance minister says he is ready to revise package of measures after local currency falls to record low and bonds tumble ...

Although the move is clear to those following the government's inner workings, the Finance minister avoids jumping the gun ...

The dangers were crystal clear. Top economic aides to President Luiz Inacio Lula da Silva had pointed them out to him again ...

Brazilian markets were set for the worst week in months after a much vaunted plan to cut government spending came in well ...

BRASILIA (Reuters) - Brazil's government tightened spending controls late on Friday, freezing expenditure at 19.3 billion ...

Brazil's real fell Thursday to a record low 6.0 to the US dollar, a day after the government announced a near-$12 billion cut in public spending for 2025 and 2026.

The US dollar closed for the first time above the psychological R$ 6 barrier on another turbulent day in Brazil's markets, ...

Brazil on Wednesday announced a downward adjustment of nearly $12 billion in public spending for 2025 and 2026, a measure aimed at calming market jitters about the fiscal discipline of Latin America's ...

Brazil President Luiz Inacio Lula da Silva has tacked on an income-tax relief measure to a long-awaited plan to cut ...

Brazilian Finance Minister Fernando Haddad on Wednesday announced BRL 70 billion of spending cuts over the next two years, ...