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Brazil risk rises 5.6% with ceiling-breaking PEC

The Brazil risk rose 5.6% this afternoon with investors worried about the repercussions of the ceiling-breaking PEC and with the speech of the president-elect Luiz Inácio Lula da Silva. During the morning, the indicator rose 8%.

Brazil risk is measured through CDS (Credit Default Swaps), papers that protect investors from a possible default on the Brazilian public debt.

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