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

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

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

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

On Thursday, Brazil's government presented a package of measures to save more than 70 billion reais ($11.8 billion) over the ...

FILE PHOTO: Brazil's Finance Minister Fernando Haddad attends a meeting with Brazil's President Luiz Inacio Lula da Silva to ...

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

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

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.

Brazil's Finance Minister said on Thursday that government will freeze $860 million in 2024 spending and maintain its yearly ...

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