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LATAM POLITICS TODAY-Brazil's election-year tax cuts could come at a price [Reuters]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
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Company Research Source: Reuters
* Mexico's president calls violent incidents “regrettable” * Bolsonaro vetoes dream of free checked bags for fliers * Lopez Obrador says new refinery operational next year June 15 (Reuters) - The latest in Latin American politics today: Bolsonaro's election-year tax cuts could cost billions Tax cuts in Brazil, including a cap on state taxes on fuel and other items approved by Congress Wednesday, are likely to cost the government 110 billion reais ($21.5 billion) in Brazilian tax revenue this year. The measures are part of an effort by President Jair Bolsonaro to ease inflation and spur the economy in an election year despite economists' warnings of blowback in 2023. Colombian officials warn of election violence Colombia's police are on maximum alert after detecting plans by groups to reject the results of a second presidential election vote on Sunday and commit violence across the country, top cop General Luis Vargas said on Tuesday. Colombians will go to the polls Show less Read more
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