BRASÍLIA—A vote in Brazil’s Congress extending a lifeline to embattled President Michel Temer was welcomed by markets eager for stability, but doubts remain about his capacity to advance market-friendly reforms as general elections draw near. Lawmakers on Wednesday night voted 251-to-233 against putting President Michel Temer on trial, an outcome that could have led to the second ousting of a president in little more than a year.

Source: Wall Street Journal October 26, 2017 15:45 UTC