Brazil Congress Approves Major Spending Bill, Lifting Bolsonaro Re Election Hopes

almost 2 years in St.Kitts & Nevis Observe

BRASILIA, July 13 (Reuters) – Brazil’s Congress on Wednesday approved a major spending package that President Jair Bolsonaro is banking on to lift his flagging re-election hopes, despite expectations it will fan double-digit inflation and hurt Brazil’s exchange rate. Brazil’s lower house approved the measure, which amends the constitution to bypass the country’s spending cap […]
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