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Friday, January 1, 1999 Published at 22:15 GMT World: Americas Brazil's President to be sworn in President Fernando Henrique Cardoso of Brazil has been sworn in for a second term, at the start of a year which he says will demand "blood, sweat and tears" from all Brazilians. Facing an economic crisis in mid-1998, the government agreed to introduce strict financial measures in return for a multi-billion dollar loan from the International Monetary Fund. But Mr Cardoso, whose government is composed of a fragile political alliance, still has to persuade Congress to approve the economic plan; it includes social security, tax and political reforms. The BBC Sao Paulo correspondent says the ceremony reflected the austere mood, with a smaller number of guests than usual being served whisky that was seized by customs officials. From the newsroom of the BBC World Service |
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