Brazilian Real Tumbles After Former President Temer Arrested In "Car Wash" Corruption Scandal

Brazil’s former president Michel Temer been arrested on Thursday as part of the sweeping and years-running 'Operation Car Wash' anti-corruption probe, regional media reports say, after the predecessor to Jair Bolsonaro left office on January 1. Temer has reportedly been sought by police, who reportedly have been trying to trace him since he left office.