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| Lula: under pressure |
Most Brazilians are transfixed by their country’s political crises but international investors are rather more sanguine. The majority remain bullish about Brazil’s prospects, despite scandals that have engulfed senior members of the governing Workers Party (PT). Four of president Luiz Inacio Lula da Silva’s closest aides, including Jose Genoino, one of the PT’s founders, have resigned after allegations that they bribed members of congress in return for votes. One party worker was even found with $100,000 in dollar bills stuffed down his underpants.
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