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By Lise Alves, Senior Contributing Reporter SÃO 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 Reporter RIO 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 Advisor RIO 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 Reporter RIO 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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