No menu items!

Brazilian Economy Going into Decline

By Sarah de Sainte Croix, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – According to Central Bank statistics, the Brazilian economy is entering a phase of decline. Economists fear that the problems in the eurozone and in the U.S. are beginning to take their toll on Brazil, weakening the demand for Brazilian exports and reducing the inflow of money into the economy.

According to Reuters, the Brazilian Central Bank’s IBC-Br economic activity index, which is widely . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content