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A Corruption Investigation Clouds Brazil's Prospects for Economic Reprieve

Jan 31, 2017 | 09:00 GMT
Demonstrators in Rio de Janeiro hold up a life-size cutout of the judge who oversees Brazil's corruption probe, Operation Car Wash.
(YASUYOSHI CHIBA/AFP/Getty Images)

After two straight years of recession, things are looking up in Brazil. By mid-January, the country's inflation rate had fallen to just below 6 percent, its lowest level since March 2014. And investor confidence is on the rise, too. The Brazilian economy may even start growing again this year -- so long as its domestic political affairs don't get in the way....

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