Brazil weighs excluding diesel subsidies from its fiscal target
A morning bulletin pairs the proposed budget exception with weaker services activity and a Senate vote on fiscal adjustment measures.
Why this story? One of Jovem Pan News's most watched videos since yesterday, with 166,199 views.
Jovem Pan News: The news channel of the Brazilian radio group Jovem Pan, since 2021. 9.2M subscribers and 6.8B views.
LULA NA COP31 / TARCÍSIO ANUNCIA SALLES SECRETÁRIO | JORNAL DA MANHÃ - 2ª EDIÇÃO - 12/11/2026
Next story: Galípolo defends tough inflation treatment as Brazil weighs spending cuts
Things we can learn from the video
Press to jump
- 0:00Analysts interpret September's services decline as a sign that high interest rates are slowing the economy.
- 1:50Fachin meets lawmakers on judicial modernization; Eduardo Braga raises the economic implications of changing the 6x1 work schedule.
- 7:28The broadcaster reports police recommended charges over filming and publishing images of former president Fernando Henrique Cardoso.
- 11:21Rodrigo Viga details a proposal to exclude up to R$10.5 billion in diesel subsidies from the fiscal target.
- 15:18Luca Bassani reports six deaths following an Israeli attack on Nasser Hospital in Khan Younis.
- 19:15Marco Vianna reports from Brasília on the Senate's planned vote on the fiscal adjustment package.
A proposal to leave up to R$10.5 billion in diesel subsidies outside Brazil's 2026 fiscal target puts the government's budget accounting at the center of a report by Brazil's Jovem Pan News.
Reporter Rodrigo Viga describes the proposed congressional measure as the Senate prepares to vote on a separate fiscal adjustment package. The broadcast puts that package's potential value at up to R$60 billion. Excluding spending from a fiscal target changes how compliance is calculated, rather than making the spending itself disappear.
The November 12 edition of Jornal da Manhã opens with another sign of economic pressure: a slight September decline in the volume of services. Financial-market specialists Felipe Sant'Anna and Letícia Moschioni discuss the result, with Moschioni interpreting it as evidence that high interest rates are reaching the wider economy.
Presenters Evandro Cini and Beatriz Frehner also flag falling Banco do Brasil profits and Senate requests to summon the justice minister. Reporter Marco Vianna later joins from Brasília to discuss the fiscal-package vote.
Alongside the economic coverage, the bulletin reports that Supreme Federal Court president Edson Fachin met lawmakers to discuss modernizing Brazil's justice system. Senator Eduardo Braga also raises the economic implications of ending the six-days-on, one-day-off working pattern known in Brazil as the 6x1 schedule.
A separate report concerns the filming and publication of images of former president Fernando Henrique Cardoso in his home. The broadcaster says police formally recommended charges against two people for defamation and discrimination. It reports that permission to enter the residence did not extend to publishing the images, and describes a statement condemning their circulation with more than 400 signatures. Cardoso governed Brazil from 1995 to 2003.
International coverage turns to Gaza. Correspondent Luca Bassani reports that an Israeli attack on Nasser Hospital in Khan Younis killed six people. The bulletin then returns to Brasília and the Senate's fiscal deliberations.
Brazilian judge who has led the Supreme Federal Court since 2025. He joined the court in 2015 after being nominated by President Dilma Rousseff.
More on Wikipedia ›Brazilian sociologist and politician who served as president from 1995 to 2003. He was Brazil's first president to win reelection to a consecutive term.
More on Wikipedia ›Published on Trari
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The numbers
The November 12 broadcast drew about 166,000 views since yesterday, placing it among Brazil's most-watched new news uploads.


