PEC do Overflow
Image credits: Reproduction / Agência Brsil

Transition PEC causes financial market reaction; See more at Curto Flash

Lula's government announces the Transition PEC to break the spending ceiling and the market reacts badly, however Bolsonaro had already broken the spending ceiling by a higher amount. What to understand? Read more at Curto Flash, our selection of the main headlines of the moment.

TRANSITION PEC FINANCIAL MARKET REACTION

Lula announces Transition PEC and Ibovespa falls and the dollar rises to R$5,50. The currency had two increases today and it is the first time it has reached this value since July. (CNN)

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🤔 But in 4 years of Bolsonaro's government broke the ceiling by R$795 billion. According to a survey by economist Bráulio Borges, researcher at the Brazilian Institute of Economics of Fundação Getulio Vargas (FGV IBRE), carried out at the request of BBC News Brazill, Bolsonaro government spending above the ceiling totals R$794,9 billion from 2019 to 2022.

FACING DEATH

Jane Fonda, who is fighting cancer, says she is “ready” to die. The 84-year-old actress recently discovered the illness and said: “When you get to my age, you better be aware of the amount of time behind you and the amount of time that stretches in front of you. I mean, that's just realistic. I'm not afraid to leave. I'm ready. I had a great life.” (Folha de S. Paulo)

BANNED FROM TWITTER

An astronomer was banned from Twitter for posting a video of a meteor crash. The social network's automatic control considered the animated video inappropriate.

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REVOCATION

Flávio Dino (PSB) defends the “revocation” of the pro-gun decree signed by Jair Bolsonaro. Dino is an elected senator and listed for the Ministry of Justice. A member of the Justice and Public Security technical group, he said that the measures need to be reviewed. (Value)

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