Good morning! The pension reform has finally been approved by a Special House Committee. Former Rio governor confirms bribes to host the 2016 Olympics. A new bank to open in Brazil. More leaks undermine Justice Minister Sergio Moro’s endurance. And more.
Pension reform moves forward: key points
After 16 hours, the House’s Special Committee on the pension reform approved the bill by a wide 36-13 margin—showing the effectiveness of Speaker Rodrigo Maia’s vote-whipping strategy. Despite heavy lobbying from organized groups—and even the president—to water down the reform, its core was preserved, even if some changes catering to rural producers reduced...
