Thursday saw a massive sell-off of shares in Brazil prompted by fears that President Michel Temer could be ousted.
At one stage São Paulo's main stock market index fell 10.7 percent triggering an automatic halt to trading. The market was closed for half an hour.
Investors were panicked by allegations of witness tampering involving the president.
If Temer goes that could derail economic reforms he has been pushing through.
Consequently the shares of banks and state-controlled oil company Pe…
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9 сен 2024
