13 August 2022
A Wolf in Sheep’s Clothing
In Brazil, the National Congress recently passed the Constitutional Amendment no. 123, nicknamed the “Kamikaze Bill” due to it budgetary impact. It qualifies the current situation – inflation, rise of gasoline price, shortage of goods, pandemic to name just a few – as an emergency state, creating financial and tax benefits for biofuel producers and providing welfare payments for part of the population.
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