[Marxism] Brazil

S. Artesian sartesian at earthlink.net
Thu Mar 12 21:22:33 MDT 2009


FT  3/11


Brazil's economy had its worst showing in more than a decade in the last 
quarter of 2008, adding to pressure on the central bank to cut interest 
rates aggressively.

GDP contracted by 3.6 percent from the previous quarter.... much more than 
expected and the worst figure since the ...1996.

It brings an end to three years of steady growth in Brazil and will put 
further strain on the notion that the country is relatively immune to the 
global crisis.
____________

word. 




More information about the Marxism mailing list