Brazil's president, economy minister and speaker of the lower house of Cong...
BRASILIA - Brazil’s president, economy minister and speaker of the lower house of Congress patched things up publicly on Thursday, trying to move past days of finger pointing to focus on passing a thorny pension reform to save the country’s public finances.
Their pledge to bury the hatchet helped Brazilian markets rebound a day after a sharp plunge on fears that the bickering would sink the cornerstone of the government’s economic agenda. Brazil’s benchmark stock index jumped 2.7 percent on the peace signs and the local currency firmed 1.1 percent — in both cases nearly erasing Wednesday’s losses.
Speaking to reporters alongside House Speaker Rodrigo Maia in Brasilia, he said he had Bolsonaro and Maia’s full support to get the pension overhaul through Congress.Maia also sought to downplay a festering spat with Bolsonaro, who on Wednesday said the house speaker was “shaken up by personal matters” — seen as a reference to the legal problems of his wife’s stepfather, a former minister accused of corruption.
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