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Brazil Stocks Rebound From Protests With Sao Paulo Fix-It Mayor

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Sao Paulo Mayor Fernando Haddad steps out of a black sedan in Paraisopolis, a neighborhood of small brick homes, cramped storefronts and narrow streets, in mid-July. He is meeting with residents weeks after about a million Brazilian protesters took to the streets across the nation, railing against corruption, shoddy education and inadequate public transportation.

On this sunny morning, a throng of people surround Haddad at the site of a partially constructed road. As the mayor takes questions for 30 minutes, he indicates to residents that he’s heard the cries of protesters and is responding, Bloomberg Markets magazine will report in its November issue.