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Will Postal Services in Brazil Soon be Privatized?

By Reuters

RIO DE JANEIRO, BRAZIL - Brazilian President Jair Bolsonaro’s resistance to the privatization of the national postal office has been broken, a senior government source told Reuters on Friday asking for anonymity because the matter remains private.

This change of stance has allowed the economic team to consider ways to sell the state-owned company, the source said, referring to Empresa Brasileira de Correios e Telégrafos.

The rationale is that . . .

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