Brazil Daily

How the Venezuelan crisis affects Brazilian markets

In today’s issue: How the Venezuela crisis affects Brazilian markets. Speaker takes shots at government on pension reform issues. 

How the Venezuelan crisis affects Brazilian markets

Yesterday, South American countries once again discarded the possibility of military intervention in Venezuela. Brazilian Vice President Hamilton Mourão argues that multilateral organizations, such as the UN, might put pressure on Venezuela anti-democratic leader Nicolás Maduro, to push him out of power. The VP wants Brazil to establish a dialogue with the Venezuelan Armed Forces—whose support is key to Mr. Maduro. Defections have started, with 170 military troops abandoning their positions so...

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