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Economic Policy

Flavio Bolsonaro to Oppose Proposed U.S. Tariff on Brazilian Goods at Trade Hearing

Brazilian right-wing Senator Flavio Bolsonaro, who is expected to run in the country’s October presidential election, has registered to participate in a public hearing before the U.S. International Trade Commission. The hearing, scheduled for...

Brazil May End Fuel Subsidies as Oil Prices Ease

Brazil could phase out its emergency fuel subsidies if global crude oil prices stabilize around $80 per barrel, according to Finance Ministry Executive Secretary Rogerio Ceron. Speaking to Reuters, Ceron said recent progress toward...

CFTC to Introduce New Rules for Oversight of Prediction Markets

The U.S. Commodity Futures Trading Commission (CFTC) is preparing to propose new regulations aimed at governing the rapidly expanding prediction market industry, according to a report by The Wall Street Journal. Prediction markets allow...