Brazil Could Liquidate Sovereign Fund

Posted on 05/25/2016

Brazil is in the midst of painful recession, coupled with political troubles reaching the highest levels of government. The prognosis for Brazil’s sovereign wealth fund, Fundo Soberano do Brasil (FSB), is not good. Acting Brazilian President Michel Temer instructed the government to liquidate the country’s sovereign fund. The fund is serving its purpose in a […]

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