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Temer Sees Turnaround for Brazilian Economy in 2017

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Brazil's president predicted Thursday that Latin America's largest economy would emerge from a deep recession next year to "defeat the crisis," even as unemployment jumped yet again. Brazil's economy has contracted for six straight quarters, and the IBGE statistics bureau reported Thursday that unemployment in the three months through November rose to 11.9 percent — nearly 3 percentage points higher than it was during the same period last year. After the figures...

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