Taking a moment away from Dilma’s impeachment, this:
Rio Warns of Fiscal Collapse as Brazil States Seek Debt Relief
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States ask to pay simple rather than compound interest on debt
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Supreme Court will rule on repayment method next week
American and Latin American Politics, Society, and Culture
By Fausta
Taking a moment away from Dilma’s impeachment, this:
Rio Warns of Fiscal Collapse as Brazil States Seek Debt Relief
Rio de Janeiro said it’s running out of money to pay for basic services months before the Olympic Games while other Brazilian states warned of similar financial crises if the federal government doesn’t provide debt relief.