We’re covering the positive impacts of the devaluation of the Brazilian currency. The latest cabinet firing. And the left-wing trying to make life harder for banks and big business.
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The Brazilian currency can’t stop falling. But that’s not necessarily a bad sign
The U.S. Dollar-Brazilian Real currency exchange continues to beat nominal records. On Wednesday, the USD closed the day at BRL 4.35. This year, the Brazilian currency has lost 8 percent—more than any other in the world—fueled by a flight of foreign capital from low-risk,...