- Title: Brazilians take to the streets to protest austerity
- Date: 24th October 2016
- Summary: RIO DE JANEIRO, BRAZIL (OCTOBER 24, 2016) (REUTERS) VARIOUS OF PROTESTERS HOLDING BANNER AGAINST MEASURE PEC 241 THAT WOULD REDUCE PUBLIC SPENDING READING: "STRIKE AGAINST PEC" PROTESTERS DRUMMING AND DANCING VARIOUS OF PROTESTERS HOLDING SIGNS OPPOSED TO CUTTING PUBLIC SPENDING GENERAL VIEW OF PROTEST TWO PROTESTERS TALKING (SOUNDBITE) (Portuguese) PROTESTER, JOSE ROBERTO, SAYING: "The PEC is the end of the world. Not even the most liberal countries have such comprehensive legislation that benefits the financial and business interests as the one that is being presented to Brazil." VARIOUS OF BANNER READING: "NO TO 241" WITH PHOTOS OF THE LEGISLATORS WHO SUPPORT THE MEASURE VARIOUS OF PROTEST
- Embargoed: 8th November 2016 22:36
- Keywords: protest economy Brazil austerity budget cuts Rio de Janeiro
- Location: RIO DE JANEIRO, BRAZIL
- City: RIO DE JANEIRO, BRAZIL
- Country: Brazil
- Topics: Government/Politics
- Reuters ID: LVA00155D93R7
- Aspect Ratio: 16:9
- Story Text:Hundreds of protesters again took to the streets of Rio de Janeiro on Monday (October 24) to protest a constitutional amendment that would reduce public spending in the struggling economy.
The amendment, known as PEC 241, is at the House of Representations for voting and would approve spending caps.
Critics of the move argue that education and health will be worst hit under the move.
"The PEC is the end of the world. Not even the most liberal countries have such comprehensive legislation that benefits the financial and business interests as the one that is being presented to Brazil," said protester Jose Roberto.
The protests come as Brazil seeks to pull out of its worst recession on record and to control a fiscal deficit of more than ten percent of gross domestic product.
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