18-10-10 Latin American Weekly Report
Moreno caves in, cracks down on Correísta ‘coup mongers’
Things are not looking good for Latin America’s largest economy. To try and rebuild confidence, the government led by President Dilma Rousseff is obliged to tighten both fiscal and monetary policy, amid an adverse political situation dominated by the major corruption scandal at the state oil major Petrobras and an increasingly rebellious congress.
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