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Brazil Central Bank Strike Tests Rousseff Budget Discipline

Brazilian central bank employees staged their first work stoppage in five years today in pursuit of higher wages, intensifying a wave of civil servant strikes that are testing President Dilma Rousseff’s fiscal discipline.

The one-day strike at the bank’s headquarters in Brasilia and at regional branches was observed by 70 percent to 90 percent of the unionized staff and did not disrupt critical services, said Sergio Belsito, president of the employees union at the bank.