Dilma Rousseff may take “bold and unexpected policy actions,” including budget cuts to allow for lower interest rates, if she holds onto a “commanding” lead and is elected Brazil’s president, according to a Nomura Securities International Inc. report.
Luciano Coutinho oversaw a surge in lending as president of Brazil’s development bank that increased the country’s debt during the global financial crisis. Now he may need to help Dilma Rousseff restrain government spending when she becomes president.
Monica Werneck and her husband bought a rat-infested “dump” on the edge of a Rio de Janeiro slum in 2012. They built a beauty salon that opened last week, complete with two manicurists whose jobs she’s registering with the government.