Brazil's Senate head says Rio military intervention blocks pension vote

By Kitco News / February 19, 2018 / www.kitco.com / Article Link

BRASILIA, Feb 19 (Reuters) - Eunicio Oliveira, the head of Brazil's Senate, said on Monday that the federal government's military intervention in Rio de Janeiro would, by the rules of the country's constitution, block any vote on pension reform or any other measure requiring a constitutional amendment.

President Michel Temer last week ordered Brazil's army to take command of all security forces in violent Rio de Janeiro state. Temer argued that he could "lift" that decree for a few hours to allow congress to vote on pension reform. Oliveira disagreed, saying no vote would go forward. Temer is counting on pension reform to bring the deficit under control.


(Reporting by Mateus Maia; Editing by Alistair Bell)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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