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Mid-Week Local Holiday May Reduce Congress Activity

BRAZIL
  • Globo has reported that Finance Minister Haddad’s allies see him winning the battle to keep the 2024 fiscal target unchanged and to be revised only in March if necessary.
  • A local holiday in the middle of the week will reduce activity in Brazil’s Congress, which keeping traders focused on international drivers.
  • The 1st Panel of Brazil’s Supreme Court reversed a previous decision of the Superior Labor Court and ruled for the company in the methodology for calculating some benefits paid to oil workers, Petrobras and Vibra say in separate statements.

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