Brazil’s Congress voted to block President Luiz Inacio Lula da Silva’s proposed tax increases on some financial transactions, dealing a major blow to the government’s efforts to shore up its budget.

Brazil's Congress enacted Constitutional Amendment 135/24 regarding the fiscal spending cut package, Agencia Brasil reported. The new legislation stemming from the Proposed Amendment to the ...

Brazil's Congress has rejected President Luiz Inácio Lula da Silva's decree to increase a financial transactions tax.

A justice froze dueling changes to a financial tax meant to shore up the federal balance sheet. Leaders now head to a July 15 ...

Both chambers of Brazil's Congress on Wednesday overturned a decree from President Luiz Inacio Lula da Silva raising the ...

Supporters of Brazil's former President Jair Bolsonaro vandalize the interior of Planalto Palace during a demonstration against President Luiz Inacio Lula da Silva, in Brasilia, Brazil, January 8 ...

Brazil was reeling Monday after hundreds of supporters of the country’s former leader Jair Bolsonaro stormed the seats of power in the capital Brasilia, trashing offices and drawing condemnation ...

The attack on Brazil's Congress was organized publicly online. Despite being on high alert, social media companies missed signs that their platforms were being used to plan violence.

Brazil’s lower house of congress on Wednesday approved legislation creating new taxes on the country’s wealthiest residents, a boost for President Luiz Inacio Lula da Silva’s plans to ...

President Luiz Inacio Lula da Silva’s efforts to shore up Brazil’s budget are on the brink of another setback after Congress advanced a push to block tax increases on some financial ...

A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets. The bill was introduced on ...

Around 1,200 people have been arrested in Brazil after supporters of ousted president Jair Bolsonaro invaded Congress, the presidential palace and the Supreme Court. The latest arrests came as ...