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Brazil's Temer Launches Stimulus Plan to Counter Discontent

Brazilian President Michel Temer on Thursday unveiled a slew of stimulus measures to reduce the debt burden of businesses and consumers struggling with the country's worst recession on record amid growing popular discontent. Although limited in scope, the measures aim to appease Brazilians angry at the deepening recession in Latin America's biggest economy and allegations of corruption against Temer and some of his closest allies. “We are taking measures to pull the economy out...

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