Some aerial views of Rio de Janeiro, Brazil, in May 2015.
A drop in Brazil’s consumer confidence to an almost record low added to speculation Latin America’s largest economy will falter, sending the Ibovespa to the worst slump among major stock benchmarks.
Finance Minister Joaquim Levy is seeking to improve fiscal accounts to boost confidence in Brazil. The economy is poised for the worst contraction since 1990, a central bank survey with analysts showed on Monday.
Photographer: Dado Galdieri/Bloomberg
