Nelson Barbosa – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Thu, 17 Sep 2015 09:18:14 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Brazil raises taxes and cuts spending as recession hits https://www.eutimes.net/2015/09/brazil-raises-taxes-and-cuts-spending-as-recession-hits/ https://www.eutimes.net/2015/09/brazil-raises-taxes-and-cuts-spending-as-recession-hits/#respond Thu, 17 Sep 2015 09:18:14 +0000 http://www.eutimes.net/?p=40864 The Brazilian government has announced plans for $7 billion in spending cuts and $8 billion in additional taxes aimed at plugging the hole in the country’s 2016 budget. The austerity package is designed to balance the harsh economic downturn of the seventh-largest economy, whose sovereign credit rating was cut to ‘junk’ status last week. The […]

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