Brazil’s government is introducing a distinct approach to fiscal adjustment with a 2025 budget proposal that features a record-high primary surplus. The proposal, presented by Senator Angelo Coronel, targets a 15 billion reais ($2.66 billion) primary surplus, which is significantly higher than the 3.7 billion reais draft sent to Congress by…
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A proposed sale of strategically significant port assets by Hong Kong’s CK Hutchison to a BlackRock-led investment group has…