Industrial-activity data released this week added to worries that Brazil's economy, already in recession, is far from a strong recovery. The trade group National Confederation of Industry, CNI, said revenue for the Brazilian manufacturing sector fell 5.1% in July from a year earlier and rose 1.2% from June. Read full article
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Disclaimer & comment rulesDelayed feedback into recession following 2007.
Sep 06th, 2014 - 01:00 pm - Link - Report abuse 0Vast resources poured into pre-salt; long lag-time before revenues accrue.
Trade war with Argentina.
Poor port facilities and logistics management.
13 years delay in block agreements with the EU.
Poor financial macro-management, and of course ...
all pervasive corruption.
According to UNCTAD corruption in Brazil decreased by 50% in the last 10 years.
Sep 06th, 2014 - 09:45 pm - Link - Report abuse 0Cases of corruption are reported and opposed by the government and the press. Brazil has made significant advances in all areas.
We must continue blocking the USA and Europe, focusing on relations with the South.
https://www.youtube.com/watch?v=rt27QR9zp14&list=FLmXPTu1f8AdGlizWNiASx2A&index=1
South? The corrupt regime that expropriated everyone's dollars and sprays pesticides on poor populations...in the name of the patria? Please.
Sep 07th, 2014 - 04:56 am - Link - Report abuse 0#2 your head is up your behind, Brazil's citizens have been ripped off once again with huge breaking corruption scandal at Petrobras, how much are you getting??? It's a disgrace.
Sep 07th, 2014 - 05:31 am - Link - Report abuse 0@4...Brasileiro is at it again. So UNCTAD believes that corruption in Brazil has decreased in Brazil since 2004 ?? and where does UNCTAD get its information from ?? surprise, surprise, the Brazilian (PT) Government !
Sep 07th, 2014 - 07:46 pm - Link - Report abuse 0Brazzo has, liked most of the uninformed and misinformed lower classes, a very short memory....in the last 7 years, besides the Petrobrás scandal, re which we have only seen the tip of the iceberg, the PT 'mensalão', involving the theft of billions of Reais from the taxpayers, by the top members of the PT party / government, has been the largest corruption scheme ever uncovered in Brazil...and the perpetrators get, literally, a slap on the wrist, from a PT dominated Supreme Court.
I think that the Brazzo should be blocked, and sent to a loony bin.
Brasileiro
Sep 07th, 2014 - 08:57 pm - Link - Report abuse 0corruption in Brasil may have decreased 50% in the last decade, fine, good - but what happened to the 16 bilhão (billion, milhar de milhões) Reais from the building of stadiums for the world cup, that seem to have disappeared?
You can do as the avestruz (ostrich) is said to do, when problems are observed: hide your head in a hole - or you can mobilize everyone you know, and stand up and fight corruption in Brasil.
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