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Ecuador protest ends with indigenous groups, government deal

Bloomberg Representatives of indigenous organizations and Ecuador’s embattled government signed an agreement to end more than two weeks of nationwide protests over fuel prices and the high cost of living. Mediated by the Catholic Bishops Conference, the government of President Guillermo Lasso agreed to increase subsidies at the pump. With other measures pledged by the conservative administration, the total is ...

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War’s no excuse for Kenya food crisis

Bloomberg Kenya’s Deputy President William Ruto dismissed comments by his boss that Russia’s invasion of Ukraine is partly to blame for higher living costs, vowing to boost farming if he wins the presidency in August. Ruto pledged to invest at least 500 billion shillings ($4.2 billion) in agriculture and small businesses over five years. That investment would include providing animal ...

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Bolsonaro’s cash handouts proposal grows in Congress

  Bloomberg President Jair Bolsonaro’s proposal to help Brazilians suffering with inflation is becoming more expensive as lawmakers add more benefits to the original bill about three months before general elections. The bill’s latest price tag is 41.3 billion reais ($7.9 billion) after lawmakers included cash handouts to cab drivers and small farmers, before it was approved in a landslide ...

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