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Four Brazil Economic Aides Resign After Spending Plan Unveiled

(Bloomberg) -- Key members of Brazil Economy Minister Paulo Guedes’s team, including the Treasury secretary, resigned from their jobs following reports that the government is bound to break fiscal spending rules to boost social spending in the run-up to next year’s elections.
Bruno Funchal Greenbay Investimentos Jeferson Bittencourt Gustavo Brotto Jair Bolsonaro Paulo Guedes

Philippine Presidential Bets Eye Oil Tax Tweaks as Prices Rise

(Bloomberg) -- Some Philippine presidential aspirants are looking at either cutting or suspending taxes on oil, as fuel prices rise ahead of elections in May of next year.  Manila Mayor Isko Moreno on Thursday said he plans to cut taxes on oil and power by as much as 50%.
San Carlos Negros Occidental Michael Ricafort Ferdinand Marcos Jr Carlos Dominguez Rizal Commercial Banking Corp

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