Rio De Janeiro
LESS than a year ago, Brazil's Michel Temer compared then-finance minister Joaquim Levy to Jesus Christ. Now, Mr Temer is acting president and his newly appointed finance minister is already being hailed as the economy's potential saviour. Investors may want to be wary.
Those who believe that former central bank chief Henrique Meirelles is well positioned to help pull Brazil out of its worst recession in a century need only look back a year to realise the perils of putting too much trust...
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