Brazil's economic fragility magnifies 'rock and a hard place' crisis dilemma
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BRASILIA (Reuters) - Developing countries face a delicate balancing act of responding forcefully to coronavirus-triggered recessions without causing long-term damage to public finances, currency or inflation-fighting credibility. None more so than Brazil.Latin America's largest economy is hurtling toward its biggest ever downturn already shouldering one of the largest debt loads, widest budget deficits and weakest exchange rates of any emerging market in the world.Deutsche Bank estimates that..