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Brazil's New President Promises Investors Political Stability

Brazilian President Michel Temer on Wednesday promised political stability for foreign investors willing to put their money in a country weathering the impeachment of his predecessor and the worst recession in generations. Speaking for the first time to investors in New York, Temer said he was confident he would have enough backing in Congress to pass unpopular fiscal reforms needed to plug a ballooning budget deficit and regain the confidence in the once-booming economy. Temer,...

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