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Montevideo, August 13th 2022 - 21:19 UTC
Brazil will cut 55 billion Reais (32 billion dollars) from this year’s budget to allow interest rates to fall, while increasing investment to boost growth in the world’s second-biggest emerging market. Read full article
With lower rates the country will grow more (perhaps) AND the retired people with a bit of money in the bank will pay for it (true).
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