Brazil Min. of Finance to leave his post.

Breaking news – Valor Economico reports that Min. Joaquim Levy and Pres. Dilma Rouseff have agreed to his resignation and that Rouseff has asked to make the transition smooth and discreet as to not upsets the markets. As consequence, the currency devalued almost 2% at the start of business, interest rates are up and the stock market opened in negative territory.