Brazil’s President Michel Temer stated his plans to generate an economic reform programme which could support the country’s stock market and currency, Brazilian Real (BRL) as well as to edge over the emerging markets. Temer further mentioned about the possible risk of a trade war within the region against the Mexico and Washington. Including China’s intention of putting a seal towards their trading partnership with the United States. The pro-business government of Temer emerged after the August impeachment of Dilma Rousseff. The administration legislates a landmark law which limits an increase in the government spending to zero in real terms and planning to undertake another reform with regards to labor, education and tax law prior to the 2018 elections. The second largest economy in America experience an economic turmoil for the second time during 2016, showing a decline of 3 percent rate. Moreover, the BRL gained 20 percent 12 months ago versus the US dollar. The stock market beef up by 37 percent in terms of local currency.
LINKS RÁPIDOS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contate-nos 
