Brazil markets fall on report of presidential candidate in plane crash
RIO DE JANEIRO
RIO DE JANEIRO Aug 13 (Reuters) - Brazilian financial markets sold off on Wednesday after a report that presidential candidate Eduardo Campos of the Brazilian Socialist Party (PSB), who runs third in opinion polls ahead of October elections, was in a plane that crashed in the city of Santos.
Brazil's benchmark Bovespa index erased early gains and dropped 2.1 percent after a source in Campos' political party said the candidate was on the plane, a Cessna 560XL, that crashed in a residential area of Santos, Brazil.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.