Brazil markets soar as new government vows to shrink state

Brazil's new President Jair Bolsonaro attends the handover ceremony for Augusto Heleno, Minister of Institutional Security, Santos Cruz, Government Secretary, Gustavo Bebianno, President's Secretary General and Onyx Lorenzoni, Chief of Staff, at the planalto Palace in Brasilia, Brazil January 2, 2018. REUTERS/Adriano Machado

BRASILIA (Reuters) – President Jair Bolsonaro‚Äôs far-right government launched a barrage of measures on its first day in office on Wednesday to crack down on crime and shrink the size of the state, sending Brazilian markets higher. Former army captain Bolsonaro, whose election in October marked a sharp swing away from three decades of center-left […]

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