Brazil's $4 billion budget bombshell hits markets at worst possible time By Reuters

in hive-116221 •  5 years ago 

Shared From Dlike

As though things were not troublesome enough for business sectors in Brazil, whose stocks surprising turn in the nation's delicate governmental issues takes steps to make the and cash are among the world's most exceedingly terrible playing out this year, a circumstance significantly harder.  

Brazil's Congress casted a ballot late on Wednesday to upset a previous veto on spending by conservative President Jair Bolsonaro, including an up 'til now unbudgeted 20 billion reais a year ($4.2 billion) to social help for old and debilitated individuals, referred to locally as "BPC." 


Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Warning! This user is on our black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
If you believe this is an error, please chat with us in the #appeals channel in our discord.