MercoPress. South Atlantic News Agency
Economic activity down for a second straight month in Brazil
Brazilian economic activity fell for the second straight month in December, declining 1.35% relative to November, the Central Bank said in a report Friday. The Economic Activity Index, IBC-Br, considered a reliable predictor of GDP performance, was up 2.57% for all of 2013. Read full article
Comments
Disclaimer & comment rules0.9% growth in 2012.
Feb 15th, 2014 - 11:39 am - Link - Report abuse 02.0% growth in 2013.
Well the whole BRICS didn't last very long did it.
Argentina was hoping to make up a lot of U$ with the car exports to Brazil in 2014. I wonder how they're going to make up the loss this year?
Feb 15th, 2014 - 11:55 am - Link - Report abuse 0I hear imports are at a standstill with no U$ to pay for anything.
Winter is coming.
And there? How much cash assistance and food you can send?
Feb 15th, 2014 - 01:44 pm - Link - Report abuse 0Such an intellectual retort brassie.
Feb 15th, 2014 - 02:41 pm - Link - Report abuse 02% for a developing nation .....it might as well be a negative figure because the impact is the same....in fact it is contracting and will continue in the foreseeable future.
http://www.bloomberg.com/news/2014-02-14/brazilian-swap-rates-fall-as-economy-contracts-real-advances.html
Dilma had her chance to work on economics with the USA last fall and made politics out of it. How did that workout for your economy? Still relying on China? Good luck. Maybe Argentina and your great brother Venezuela will run to your rescue. Or China is still there....or is it? With a 7% projected contraction in their economy and a banking bubble waiting to burst........where does this leave SA?
http://www.bloomberg.com/news/2014-02-14/brazilian-swap-rates-fall-as-economy-contracts-real-advances.html
Worse off than China and the rest of the world. Deny it trolls.....who cares.......the free world doesn't, but you all will certainly feel it very soon and harder than these previous months.
The USA and EU looks like beauty queens more and more economy to your governments despite what the trolls post. However......they will looking out at the zoo visitors.
As for the savior again. As the Lunar New Year falls in January in some years and in February in others, distorting trends early in the year, it may be months before investors see data which offers more reliable clues on the economy's true direction.
http://www.bloomberg.com/news/2014-02-14/brazilian-swap-rates-fall-as-economy-contracts-real-advances.html
I guess we are not important.
Feb 15th, 2014 - 02:59 pm - Link - Report abuse 0What a luxury! Reuters talking about us.
Captain poopy the obama troll with his google searches. Grow up!
Feb 15th, 2014 - 07:00 pm - Link - Report abuse 0Seems the dildo does not like the facts of life. Dido the dildo.....grow up and deal with reality.
Feb 15th, 2014 - 09:39 pm - Link - Report abuse 0BTW....is that your best come back? Oh yes, another BTW......I am an anti Obama American moron. People in the free world are not afraid and are allowed to be anti government. It's a right in democracies that have not caught on in dictocracies.
7 Capt Poppy
Feb 16th, 2014 - 06:12 am - Link - Report abuse 0“Seems the dildo does not like the facts of life. Dido the dildo.....grow up and deal with reality.”
Dildo and Brassiero are 2nd Tier Trolls, and children.
Wilfully blind, they are supporting the very thieves that are stealing from their people, and robbing their children of their birthright.
Just wait, CFK's and Maduro's betrayals will be obvious this winter. They have left their people destitute.
This winter:
The Venezuelans will rise up and be murdered by Maduro's government.
The Argentinians will have no money for fuel - no electricity, no heat, no food ???
CFK will leave, taking their money with her.
Tick tock, Trolls
It will not be so bad for the Venezuelans this winter because they will not be affected by the lack of heat. In BsAs it will be another story.
Feb 16th, 2014 - 02:03 pm - Link - Report abuse 0I find it interesting that for 5 days now, students have been protesting non stop for the removal of the “Bus Driver”. The one's that can think for themselves and planned on a future without government support and handouts want him out of office. As the police try and contain this from spreading like an uncontrollable cancer, the military must be closely watching the results. The body count will slowly accumulate at first. But it will reach a level where events will reach a fever pitch point and the something drastic will take place.
Trolls.,......are you carefully monitoring the events in Caracas?
As Venezuela moves into the Cuban zone, Argentina takes over Venezuela's spot and Brazil easily slips into Argentina's darkness.
BTW, have you noticed that there is very little posted anymore about Argentina's monthly trade surpluses? It use to be posted on a monthly basis. But now with a poor trend, I am sure that Argentina fails to post those figures and the point nears when they run out of reserves.
“The Central Bank of Argentina bought $108 million worth of U.S. dollars in the currency market, apparently in a bid to keep the peso at its current value, according to a report from ABC Mercado de Cambios, a local currency brokerage.”
Read more: http://www.nasdaq.com/article/argentinas-currency-reserves-rise-by-19-million-20140212-01282#ixzz2tUif5ebo
And
http://www.nasdaq.com/article/argentinas-currency-reserves-rise-by-19-million-20140212-01282#ixzz2tUif5ebo
Sorry for the links, I know some trolls hate facts.
9. The CFK gov't is so deluded to think, oh we changed the inflation methodology so give us money now.
Feb 16th, 2014 - 04:03 pm - Link - Report abuse 0Do they really think that's how stuff works?
They used the laws and rules of gov't and institutions for the last decade to postpone the inevitable.
Now those very same laws and rules are going to be used against them
I hope they can live without Fuel for a year or two.
I agree it will not happen overnight and certainly not with Kirchner there. It will become more and more evident to the RG government that Kirchner is the pariah that is costing Argentina internationally....not to mention their policies overall.
Feb 16th, 2014 - 11:58 pm - Link - Report abuse 0Commenting for this story is now closed.
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