Brazil's Rousseff to make payroll tax exemptions permanent

BRASILIA Wed Dec 18, 2013 8:36am EST

BRASILIA Dec 18 (Reuters) - Brazilian President Dilma Rousseff said on Wednesday that a policy to exempt corporate payrolls from taxes will be "permanent."

Rousseff, speaking to reporters at an event in Brasilia, said that her administration miscalculated the impact of the global financial crisis.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.