Brazil with the largest trade deficit for October in 16 years

Tuesday, November 4th 2014 - 09:22 UTC

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Brazil ran a trade deficit of 1.17 billion last month, the largest shortfall for October in 16 years, the government said on Monday. Imports totaled 19.5bn, while exports amounted to 18.3bn, the Ministry of Development, Industry and Foreign Trade said in a report. Read full article

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ChrisR
DumbAss and The Liar Mantega are jointly to blame for these dismal results.

Nobody else.
Nov 04th, 2014 - 04:25 pm - Link - Report abuse 0
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313toBioBio
@1 Don't forget cristina and kiciloff robbing Argentina into famine. notice the collapse in exports. They deserve the blame also.
Nov 05th, 2014 - 02:02 am - Link - Report abuse 0
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Jack Bauer
But DumbAss and Mantega allege this is just a temporary setback....things have never been better....after all , industrial output has been dropping for only several consecutive months, productive investment is at an all-time low, unemployment is only 5% (in reality, nearer to 20%), interest rates are very low (for going negative on your checking account, only 240% / year, outstanding debt on your credit card only 360% / year) , cost of doing business at an all-time high, inflation surpassing it's maximum limit , “corruption is 'zero' ”', say the organized-crime bosses sitting in the Government Palace in Brasília... so what could go wrong ?
Nov 05th, 2014 - 06:57 pm - Link - Report abuse 0
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