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Trump Victory Adds Pressure on Brazil for Reforms, Executives Say

Donald Trump's U.S. election victory and the ensuing market volatility should encourage Brazilian policymakers to push ahead with ambitious economic reforms that help cushion the country from global turmoil, business executives and bankers said Tuesday. A lack of decisive action to nudge Congress into approving broad pension, labor and spending cap legislation over the next months could imperil President Michel Temer's effort to pull Brazil out of its deepest recession in eight...

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