Latam 7 July 16

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Latam 7 July 16

Dilma Rousseff was finally stripped of her presidential duties for up to six months after the Senate voted to begin an impeachment trial. Thus, Michel Temer took over as interim Brazil president. He promised balancing the budget and getting inflation back under 10% as his priority. Henrique Meirelles, the Central Bank president under the first two Workers’ party governments, is the new finance minister.