A Panicked Brazil Promises Billions In Austerity, Does 180 On Budget After Downgrade
‘Exactly two weeks after conceding that a primary surplus was no longer in the cards after budget data in July came in meaningfully worse than expected, Brazil is scrambling to restore some semblance of confidence in the government’s ability to close a yawning budget gap by implementing austerity even as political turmoil has made embattled […]
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