By Sarah de Sainte Croix, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – During her first official visit to Brazil last week, Christine Lagarde, Managing Director of the International Monetary Fund (IMF), praised Brazil’s economic policies, saying that the country was in a strong position to ride out the current global economic instability.
“No country can be totally immune to the crisis,” she said in press conference in Brasília last Thursday, “But some are better prepared than others. From our point of view, Brazil is more prepared than any other country.”
In a follow-up statement released by the . . .