LatinNews Daily - 23 March 2018

*Brazil's federal government froze R$2bn (US$606m) of spending. However, the cuts will not affect the public security budget including the R$1bn (US$303m) set aside for the federal intervention in Rio de Janeiro state. It comes after the government’s economic measures hit a wall in the federal congress, where its proposed pensions reform and a bill to raise payroll taxes have become stuck.

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