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Dilma Rousseff
Investors punish Brazil after President Rousseff's reelection
Investors punish Brazil after President Rousseff's reelection

Investors badly punished Brazil's stock market and currency Monday after President Dilma Rousseff's reelection, amid questions about how she will lead the world's seventh-largest economy. Business elites had strongly favored center-right challenger Aecio Neves, after the boom that center-left former President Luiz Inacio Lula da Silva oversaw turned into a technical recession in 2014 under Rousseff, his successor. Rousseff narrowly beat Neves in Sunday's voting. Brazil's stock market index dropped 5% Monday morning before closing down 2.72%, and the real, Brazil's currency, dropped to its lowest level against the U.S. dollar in years, closing at about 2.52...

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