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Tag: Budget deficit Brazil

RIO DE JANEIRO, BRAZIL - The Brazilian stock market was turbulent up to the last trading session in 2020. After beating the historical intraday record of 120,149 points, the IBOVESPA lost ground and began to swing between losses and...
RIO DE JANEIRO, BRAZIL - Brazil faces a R$35 billion (US$7 billion) hole in its 2021 budget due to emergency aid payments being held over to next year and welfare benefits indexed to a higher inflation rate than anticipated,...

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