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Brazilian stocks at new records as pension reform clears key congressional hurdle

Friday, July 5th 2019 - 08:42 UTC
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Brazilian markets rallied on Thursday and stocks hit the highest level on record, as the government’s cornerstone pension reform bill cleared a key congressional hurdle. The special pension reform committee in Congress passed the basic text by a vote of 36 to 13, and the reform bill could now be only two weeks from achieving full lower house approval. Read full article


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