Brazil: The recession is over, the crisis is not – Slow News

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Brazil just faced its worst recession in 30 years. From 2014 to 2016, the country’s Gross Domestic Product fell 8.2%. In the meantime, inflation spiked to 10.6% and unemployment hit a record high of 13.7%. In 2017, however, the Brazilian economy grew 1% boosting hopes across the nation that things will get better from now on. But will they? Slow News explores why the economic recovery is not a sure thing for South America’s largest country. Foto: Pixabay //Author: Mário Braga, www.planetmundus.com

Episode metadata supplied by the publisher feed · Published May 16, 2018

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Brazil: The recession is over, the crisis is not – Slow News

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