Brazil – A Failed State? eyesonbrasil The Current Situation Amsterdam, September 3, 2024 – Brazil is facing a critical moment in its economy, with the fiscal deficit reaching record levels and threatening the country’s economic stability1. Despite some positive indicators, such as GDP growth of 1.4% in the second quarter of 20242, the public’s perception…
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Interest rates in Brazil need to stay high. The hope that the rise in inflation was temporary, has passed,” says Nóbrega. AF . Amsterdam, June 18 2021–Former Brazilian Finance Minister Maílson da Nóbrega (Jan. 6 1988 – March 18, 1990) under President José Sarney has pointed out that the country needs to keep interest…
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Financial and political turmoil that have Brazil on the brink of a depression is also contributing to one of the best years ever for domestic farmers. Economic stress and a weak currency has facilitated export revenue for everything from soybeans to beef to coffee. Even as global surpluses spark a commodity slump, the drop in…
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