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United States

Maria Carolina Marcello

Brazil pension reform debate expected to widen in Senate

Aug 08 2019

BRASILIA Brazil's Senate is expected to consider extending pension reform to states and municipal governments as it moves to vote on a bill overhauling the social security system, lawmakers said on Thursday.

Brazil's lower house approves pension overhaul to tackle budget gap

Aug 07 2019

BRASILIA Brazil's lower house of Congress on Wednesday approved a far-reaching pension overhaul bill aimed at reducing a huge budget gap, with the central economic reform proposed by far-right President Jair Bolsonaro now advancing to the Senate.

Brazil lower house pension reform vote hits delay as savings cut

Jul 12 2019

BRASILIA Brazil's lower house of Congress may not vote on a landmark pension reform bill until August, leaders said on Friday, as intense negotiation over amendments delayed the process and reduced savings derived from the overhaul.

Brazil pension overhaul bill wins by resounding margin in lower house

Jul 10 2019

BRASILIA Brazil's lower house of Congress approved a landmark overhaul of the country's pension system on Wednesday by a far wider margin than predicted, delivering a resounding victory to the government in its quest to revive public finances.

Brazil lower house pension vote in question as session goes late

Jul 09 2019

BRASILIA Brazil's lower house of Congress was due to vote on Tuesday on a flagship overhaul to the pension system but by early evening the debate had still not begun, calling into question whether the government had the votes it needs.

Brazilian House speaker predicts pension reform vote on Tuesday

Jul 06 2019

BRASILIA Brazilian House speaker Rodrigo Maia said on Saturday he expects the lower Congressional House to begin voting on the pension reform bill on Tuesday.

Brazil lawmakers open pension debate as Bolsonaro pushes private savings accounts

Jun 18 2019

BRASILIA Brazil's congressional committee on pension reform began debating a revised bill on Tuesday, as President Jair Bolsonaro urged lawmakers to rethink their move to drop his plan to introduce a retirement system based on private savings accounts.

Brazil markets spooked by minister's complaints on pension reform

Jun 14 2019

RIO DE JANEIRO Brazil's economy minister and lower house speaker exchanged harsh words on Friday over progress on pension reform, creating another drag on Brazilian financial assets already feeling the heat from global market weakness.

Brazil markets spooked by minister's complaints on pension reform

Jun 14 2019

RIO DE JANEIRO Brazil's economy minister and lower house speaker exchanged harsh words on Friday over progress on pension reform, creating another drag on Brazilian financial assets already feeling the heat from global market weakness.

UPDATE 2-Brazil pension reform bill would save 913 bln reais, seen as government 'victory'

Jun 13 2019

BRASILIA, June 13 An overhaul of Brazil's social security system will generate savings of 913.4 billion reais ($237 billion) over the next decade with changes to a draft bill proposed in a long-awaited congressional report presented on Thursday.

World News

Trump paints picture of unity at prickly G7 summit

U.S. President Donald Trump said on Sunday he was getting along well with Western allies at a G7 summit in France, dismissing reports of rifts among leaders and declaring that they "respect" the trade war between Washington and Beijing.