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Arrest and Reform leads Brazil’s Bovespa Index to Fall

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – The arrest of former President Michel Temer and the tepid reactions by Brazil’s Congress to the bill that reforms the social security benefits for the Armed Forces led São Paulo’s Bovespa Index to fall to the lowest level in two weeks and the U.S. currency to halt its downward trend on Thursday.

The US dollar closed on at R . . .

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