Investors Hoping for Progress in Brazil, Lawyers Say
Investors are hoping for dramatic change in Brazil following the re-election of President Dilma Roussef. Roussef, who has presided over a deteriorating economy during her first term, said she hopes to be a better president than she has been to date. It was also announced that the country's finance minister will leave his post by the end of the year. The central bank president is expected to remain in place.
Partner Stephen Double said, "Anybody who's seen as being more market friendly would (offer) a strong signal to the markets. It is quite important (the finance minister and central bank president) have the same outlook on the macroeconomic level."
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