Unasur warns Brazil budget cuts could raise poverty levels

[Judi Lynn]

Last edited Wed Jul 13, 2016, 09:47 PM - Edit history (1)

Source: Xinhua

Unasur warns Brazil budget cuts could raise poverty levels
Source: Xinhua | 2016-07-13 04:58:36 | Editor: huaxia

RIO DE JANEIRO, July 12 (Xinhua) -- The Union of South American Nations (Unasur) warned Brazil on Tuesday that planned budget cuts by its interim government could lead to an increase in poverty in the country.

"We cannot allow the economic crisis and the application of economic measures in response to it to allow the least favored segments of society to fall back into poverty," Ernesto Samper, Unasur's secretary-general, said in a speech here.

According to Samper, a recent report by the Economic Commission for Latin America and the Caribbean (ECLAC) had found that between 8-10 million Latin Americans who had left poverty behind in the last decade have now fallen back into it due to recent economic pressures.

Brazil was at the greatest risk of seeing this economic downturn, due to its severe recession, he added. Without commenting directly about the impeachment process against suspended President Dilma Rousseff, Samper did caution the interim government against taking illegitimate actions.

Read more: http://news.xinhuanet.com/english/2016-07/13/c_135508424.htm

[lark]

1. Duh, that is exactly the oppositions' plan.

Dilma making a lot of laws that helped reduce poverty is one of their big complaints about her. Their labor laws are a lot more progressive than ours and big business hates that, which is a big part of the reason they deposed her. My son in law is Brazilian, so I get this from the horses' mouth, so to speak.