Intern Government Looks to Change Retirement Age

Argued as a way to control growing social security costs, the intern government in Brazil has proposed the retirement age at 65 years. The government also plans to shorten the difference between men and women.

Currently, women can retire after contributing for 30 years, while men need to contribute for 35 years. In addition to the number of years of contribution, women can request social security payment at 60 years of age, while men must wait until they are 65 years old. The intern government proposes increasing the age for women to 62 years.

For more read this Reuters article via Yahoo Intern Government Hopes Retirement Changes Will Save Money

Intern Government Looks for Ways to Reduce Price of Beans

Inflation is bad enough when it affects imported and specialty goods. Still, one can survive. What about when it affects food staples like beans?

Through May of this year, the price of beans have risen 33.49%. In the past 12 months, bean prices have risen 41.62%.

While the main ingredient in perhaps Brazil's most famous dish, feijoada, beans are eaten daily by a large portion of Brazilians.

Last week, the country's intern president, Michel Temer announced plans to import beans to lower prices. More specifically, the government is studying ways of reducing taxes and fees of imported beans from China and Mexico.

For more read this article from Globo (in Portuguese) Bean Prices Way Up