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Brazil's Levy Staying On for Passage of Austerity Plan

When he became finance minister 10 months ago, Joaquim Levy was an uncomfortable fit in Brazil's left-leaning government — an orthodox, University of Chicago-trained economist, a fiscal hawk with an affinity for cutting spending. Dogged by speculation about his departure amid vocal opposition from the ruling Workers' Party, Levy and his boss, President Dilma Rousseff, have told officials and lawmakers he is staying to see an unpopular fiscal austerity plan get through Congress,...

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