New probe against President Temer

|By:, SA News Editor

Operation Car Wash is getting a wax and polish.

A Brazilian Supreme Court judge authorized a probe of President Temer on Tuesday for suspected corruption involving a decree regulating ports, adding to graft allegations he has so far avoided with backing from Congress.

The real posted its biggest daily drop in nearly a month on the news, slipping 0.8% against the dollar.

ETFs: EWZ, BRF, BRZU, BZQ, EWZS, BZF, BRAQ, UBR, BRAZ, DBBR, FBZ

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