Brazil Leader Faces Backlash From Friends, Foes

PAULO TREVISANI, THE WALL STREET JOURNAL – 7/14/2015 

Brazil’s socialist leader faces a stark choice in the coming days: veto a bill to raise salaries for state workers, risking a backlash from her leftist supporters, or sign it, risking a disastrous credit downgrade for her country.

Brazil's President Dilma Rousseff attends a news conference with Finland's Prime Minister Jyrki Katainen after a meeting with  at the Planalto Palace in Brasilia February 14, 2012. REUTERS/Ueslei Marcelino

Brazil’s President Dilma Rousseff attends a news conference with Finland’s Prime Minister Jyrki Katainen after a meeting with at the Planalto Palace in Brasilia February 14, 2012. REUTERS/Ueslei Marcelino

The conundrum comes as the deeply unpopular Brazilian President Dilma Rousseff faces a rebellion in Congress, while also feeling pressure from credit agencies and investors to slash spending and shrink Brazil’s debt.

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