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Brazil Presses Unpopular Budget Reforms

Brazilian President Michel Temer's government introduced to Congress on Tuesday a landmark constitutional amendment to cap public spending, pressing ahead with unpopular reforms in the wake of last weekend's municipal elections. Temer's new center-right government hopes the proposal, which would limit growth in spending to the rate of inflation for up to 20 years, will clear a congressional committee this week and be put to a vote in the lower house by next week. The...

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