Brazil eyes taxes on shareholder payouts, closed-end funds to balance 2024 budget -sources

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order to shore up revenue in next year’s budget, said three senior economic officials with direct knowledge of the matter. The government signaled on Tuesday it would propose a comprehensive income…

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Explainer-What is the ‘fake electors’ scheme Trump supporters tried after his 2020 loss?

By Andy Sullivan WASHINGTON (Reuters) – Michigan Attorney General Dana Nessel announced criminal charges against 16 people on Tuesday for submitting a phony slate of electors to try to help Republican Donald Trump overturn his 2020 presidential election loss to Democrat Joe Biden. WHAT ARE ELECTORS? U.S. presidents are not elected by direct popular vote….

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Intensifying heat waves prompt health warnings for Europe, US

By Liliana Salgado PHOENIX (Reuters) -A global pattern of heat waves scorching parts of Europe, Asia and the United States intensified on Tuesday, with the World Meteorological Organization warning of an increased risk of deaths linked to excessively high temperatures. Americans were facing a medley of extreme weather, from blazing heat from Texas to Southern…

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DeSantis says Trump shouldn’t be charged in 2020 election probe

By James Oliphant WASHINGTON (Reuters) – Florida Governor Ron DeSantis came to the defense of former President Donald Trump on Tuesday, assailing as politically motivated attempts to hold his rival for the 2024 Republican presidential nomination legally accountable for trying to overturn the 2020 election. “I hope he doesn’t get charged,” DeSantis told CNN in…

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US warehouse rents will defy logistics transportation rate drop -Prologis CEO

By Lisa Baertlein LOS ANGELES (Reuters) – Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world’s largest warehouse landlord told Reuters on Tuesday. Lease prices have proven far more resilient than air, ship, truck and train transportation rates which have dropped sharply due to…

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