The Traderszone Network

Published in TZ Latest News 20 March, 2016 by The TZ Newswire Staff

Brazil Needs A Stronger Currency Like It Needs A Hole In The Head, Goldman Warns

To say that the last seven days have been tumultuous in Brazil would be a laughable understatement.

The country – which is on the fast track to “banana republic” status – plunged into chaos this week after a Sao Paulo state judge said a decision on the arrest of former President Luiz Inácio Lula da Silva should fall to federal judge Sergio Moro, the firebrand “rockstar” leading the prolonged car wash probe into corruption tied to Petrobras.

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