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LatinNews Daily - 20 September 2018

In brief: Brazil

* Jair Bolsonaro, the far-right candidate from the Partido Social Liberal (PSL) in Brazil's 7 October presidential election, is working on building his support among the financial markets. “Our economic team is working to reduce tax burdens, bureaucracy and regulations. No more taxes is our motto!” the candidate, who remains in hospital recovering from a stabbing, has wrote on his Twitter. Opinion polls currently indicate that Bolsonaro would face leftist Partido dos Trabalhadores (PT) candidate Fernando Haddad in a close presidential run-off, and the support of the financial and business sectors could prove decisive for the final result. The markets are showing themselves willing to overlook Bolsonaro’s lack of economic expertise and more controversial opinions if faced with the alternative of a PT government.

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