Brazil’s Lula unveils $200 billion infrastructure plan as skeptics warning about spending spree

RIO DE JANEIRO — Brazilian President Luiz Inácio Lula da Silva on Friday unveiled a plan to spend 1 trillion reais (almost $200 billion) on infrastructure, power and transportation over the following 4 years, half of a bigger effort to spice up financial progress and employment in Latin America’s largest nation. The Development Acceleration Program, … Read more