Trying Wall Street’s Patience, Brazil Postpones Pension
Brazil is trying Wall Street’s patience. Last Wednesday, the Senate was scheduled to vote on a much touted, and much needed, pension reform bill. Then it was postponed to Thursday. It didn’t happen on Friday. It is now supposed to go up for a vote on Tuesday, Senate leaders said. The market for Brazil equities has been in a holding pattern all week waiting for this vote; a vote that is supposed to be a lopsided win for president Jair Bolsonaro...
