Popular News From Popular Sites: Rousseff win rattles Brazil markets, focus turns to economy

Monday, October 27, 2014

Rousseff win rattles Brazil markets, focus turns to economy

Brazil's President and Workers' Party presidential candidate Rousseff celebrates after disclosure of the election results, in Brasilia By Brad Haynes and Paulo Prada SAO PAULO (Reuters) - President Dilma Rousseff's narrow re-election victory met with cold reality on Monday as Brazil's financial markets tumbled on doubts that she can restore confidence in the economy and maintain political support in a sharply divided nation. Rousseff overcame dissatisfaction with a sluggish economy and poor public services to clinch a second term on Sunday by a slim margin, dashing the hopes of investors and nearly half the electorate who bet on her pro-business challenger. ...




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