Brazil’s Lula raises existential minimum to R$600 (US$125)
President Luiz Inácio Lula da Silva has announced an increase in Brazil's existential minimum, the income threshold below which an individual's funds cannot be seized by creditors, from R$303 to R$600 (US$125). The adjustment, which should be officially documented in the Union Official Gazette soon, aims to offer greater financial security to individuals facing over-indebtedness. […]