Brazil's highest court on Wednesday upheld most of a controversial presidential decree raising the country's Financial Operations Tax (IOF), handing a revenue-boosting win to President Luiz Inacio Lula da Silva's government.

A US trade probe suddenly ordered by President Donald Trump on Brazil sent shockwaves through President Luiz Inacio da Silva’s government, according to a senior Brazilian diplomat who described it as an unwarranted threat that has helped to plunge relations to their lowest point in over a century.

Brazils Supreme Court has upheld most of President Luiz Inacio Lula da Silvas controversial decree increasing the Financial Operations Tax (IOF), delivering a key fiscal win for his administration. The ruling,

BRASILIA - Brazil's highest court on Wednesday upheld most of a controversial presidential decree raising the country's financial operations tax (IOF), handing a revenue-boosting win to President Luiz Inacio Lula da Silva's government.

Brazilian President Luiz Inácio Lula da Silva has visited former Argentine President Cristina Fernández de Kirchner at her home.

Lula said he wants to turn Brazil, one of the world’s top food producers, into a green superpower. US SUPPORT. In his first decisions as president, Lula restored the authority of the government ...

Why It Matters: Lula, a former union leader, was president of Brazil from 2003-2010, a particularly good time to be running the country given the global commodities boom underway.

BRASILIA (Reuters) -The Brazil Treasury's outlook for the country's gross public debt has worsened, with a forecast rise by 10.6 percentage points during President Luiz Inacio Lula da Silva's current term, 0.6 point higher than its previous estimate in December.