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Tag: pension

By Jack Arnhold, Contributing ReporterRIO DE JANEIRO, BRAZIL – Alberto Ramos, head of the Latin America Economic Research team in the Global Investment Research Division of Goldman Sachs, has called for an "ambitious reform agenda" in order to unlock...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Brazil’s President, Jair Bolsonaro, delivered the new project for the country’s social security reform in Congress on Wednesday morning. The government estimates that the reform will allow for an...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Brazil’s social security reform proposal forecasts savings of least R$1 trillion over a period of ten years, announced the country’s Economy Minister, Paulo Guedes, on Tuesday."The idea is...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Brazil’s President Michel Temer submitted a pension bill to Congress on Tuesday that will raise the minimum retirement age in the country from today’s 58 to 65 years and would...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The government of Rio de Janeiro announced on Wednesday that due to cash flow problems it would not be able to pay over 137,000 state retirees this month. Officials...
By Howard Borsden, Financial AdvisorRIO DE JANEIRO, BRAZIL – In recent years, the Brazilian government has used a bitter antidote to ease an inflation rate that has been for many years a burden to the country: high interest rates....
By Jaylan Boyle, Contributing ReporterRIO DE JANEIRO - A study recently completed by the Institute of Applied Economic Research has revealed that the poorest in Brazil are bearing substantially more of the country's tax burden as proportionate to their...

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