Newspaper article St Louis Post-Dispatch (MO)

New Brazil Finance Minister to Tackle Pension, Labor Reform

Newspaper article St Louis Post-Dispatch (MO)

New Brazil Finance Minister to Tackle Pension, Labor Reform

Article excerpt

BRASILIA, Brazil * Brazil's new finance minister pledged Friday to take on even potentially thorny reforms if they prove necessary to jump-start the stalled economy, even as the country's interim President Michel Temer came under increasing fire for appointing an all-white, all-male Cabinet.

Temer, 75, the former vice president, temporarily assumed the top job on Thursday after the Senate voted to impeach President Dilma Rousseff, suspending her from office and abruptly ousting nearly her entire government.

Temer pledged that hauling Brazil out of its worst recession in decades would be his first order of business, and his appointment of Henrique Meirelles, the former head of Brazil's Central Bank, was well-received by financial market. …

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