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1 – 4 of 4The economic effects were immediate: a sharp outflow of portfolio capital, which generated exchange rate devaluation of 27.3% in three months; a contraction in GDP, driven down by…
Class and racial tensions.
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DOI: 10.1108/OXAN-DB241824
ISSN: 2633-304X
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This paves the way for the 75-year-old centre-left leader to run against his nemesis, far-right President Jair Bolsonaro, who will seek a second term.
In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…