Brazil’s April trade surplus at its lowest in a decade, as imports soar to new record

Thursday, May 3rd 2012 - 03:00 UTC

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Brazil’s trade surplus narrowed to its smallest in a decade for the month of April as imports jumped to their highest level on record for that period. In April the trade surplus fell to 881 million dollars from a surplus of 2 billion in March and 1.86 billion a year earlier. Read full article

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ChrisR
There is an old, but true, saying that goes 'you can't have your cake and eat it'.

Brazil will shortly find out how true this is when muscling the banks on interest rates, dropping rates for savers in general and risking capital flight into other markets / investments by the populace.
May 03rd, 2012 - 04:23 pm - Link - Report abuse 0
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row82
http://www.facebook.com/pages/Misiones-y-Formosa-son-de-Paraguay/250980491652629

Please like this page in order to force Argentina to return Misiones and Formosa Provinces to Paraguay, the country they were stolen from in 1870!

Misiones and Formosa Provinces are provinces of Argentina that were seized and annaxed by Argentina from Paraguay this page is dedicated to address Argentine hyporcacy and ensuring their return to Paraguay.

It's only right that Argentina first addresses its own hyocracy by re-examining its own history before talking about taking more land it has never had soverignty over. Not just the Falklands but South Georgia and the South Sandwhich Islands.
May 04th, 2012 - 06:49 pm - Link - Report abuse 0
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