Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Judi Lynn

(160,527 posts)
Wed Jul 13, 2016, 02:30 AM Jul 2016

Unasur warns Brazil budget cuts could raise poverty levels

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.

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

LBN:
http://www.democraticunderground.com/10141517454

Latest Discussions»Region Forums»Latin America»Unasur warns Brazil budge...