Brazil stocks up for 2nd day on reform hopes; political woes linger
(WorldNews Business)

By Bruno Federowski SAO PAULO, May 24 (Reuters) - Brazilian stocks rose for a second day on Wednesday, supported by efforts by President Michel Temer`s government to maintain an ambitious reform agenda amid growing political unrest. Temer`s plans to streamline Brazil`s pension system cleared another hurdle in Congress on Tuesday. House speaker Rodrigo Maia said a vote in the full lower house could take place between June 5 and June 12, clearing the way for a final Senate vote. The benchmark Bovespa stock index rose 1.7 percent, led by stocks which had suffered deeply since tapes showing Temer allegedly condoning bribes to silence a witness in...