Brazilian President Dilma Rousseff has called an emergency cabinet meeting for today after two...
Brazilian President Dilma Rousseff has called an emergency cabinet meeting for today after two weeks of demonstrations yesterday culminated in over 1.25M people marching in more than 100 cities. The protesters are angry about a range of economic issues, including the huge sums spent on the Soccer World Cup next year, the rising cost of living and the poor quality of public services. Over the past five day, the real (BZF) has dropped 5.2% vs the dollar while the Bovespa is -4.6%.
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