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Brazil rate futures surge as Lula gains on Bolsonaro in Quaest poll
Valor EconômicoSRC LO·BR·about 15 hours ago
Brazil has reduced the standard work week from 44 to 40 hours, fulfilling a central electoral promise of President Lula. The change, announced via official channels, is expected to impact labor markets and business costs, though implementation details remain unclear. This marks a significant policy shift in Brazil's labor framework, potentially influencing regional labor standards.