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Brazil president cancels international trip due to budget woes

Brazil's President Dilma Rousseff reacts during a ceremony to announce the adaptation criteria in the AM and FM broadcasting grants, at the Planalto Palace in Brasilia, Brazil, November 24, 2015. REUTERS/Ueslei Marcelino

BRASILIA (Reuters) - Brazilian President Dilma Rousseff has cancelled a trip to Japan and Vietnam after making an additional budget freeze of 10 billion reais ($2.61 billion), her office said on Friday. "This is not a financial, but a budget problem," said a presidential spokesman. Rousseff was forced to freeze expenditures to comply with the budget law after Congress failed to pass legislation to reduce its fiscal savings target for 2015. (Reporting by Lisandra Paraguassu; Writing by Alonso Soto; Editing by Chris Reese)