Brazil's president raises welfare payments ahead of election

President Dilma Rousseff announced increases in payments for Brazil's poorest citizens in honor of the country's May 1st celebrations as she gears up to campaign for reelection in October.

Brazil Posts Widest Federal Primary Budget Gap in Almost 5 Years

Brazil’s federal government posted the widest primary budget deficit in almost five years, a performance that Banco J. Safra says increases the probability the nations credit rating will be downgraded.