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Brazil' economic activity further contracts in April as confidence dwindles

Saturday, June 20th 2015 - 09:06 UTC
Full article 17 comments

Economic activity in Brazil fell sharply in April from March, worse than already negative market estimates and showing still more evidence the once-booming economy is heading toward a recession. Read full article

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  • Skip

    Supposedly the west was the one declining.

    Jun 20th, 2015 - 09:47 am - Link - Report abuse 0
  • Chicureo

    I read yesterday an article about the World Cup kickbacks and aftermath of football stadiums that are abandoned.
    The Worker's Party FOOKED their poverty stricken supporters. Typical Communist Socialist behavior...

    Jun 20th, 2015 - 10:56 am - Link - Report abuse 0
  • yankeeboy

    Until they cut slumdweller's free money off they'll keep dragging the country down.
    Delicate balance
    and its not going to work.

    I think its hilarious anyone believed they “created” a new middle class with free money.
    Stupid Socialist never think the $ will run out.

    They get exactly what they deserve
    I hope they starve
    Just like the Marxist Monkeys in Venezuela.

    Jun 20th, 2015 - 12:16 pm - Link - Report abuse 0
  • ChrisR

    Irrespective of the crooked behaviour of seemingly everybody in the PT and Petrobras, Brazil was always going to find it difficult to expand given the balls-ups of The Liar Mantega TGW DumbAss herself fucking Mr. Market with insisting the banks ripped up their deadbeats lists and gave loans to anybody with a pulse.

    I said at the time Mr. Market will have his revenge, the graft has just exacerbated the downslope to a cliff!

    Jun 20th, 2015 - 12:54 pm - Link - Report abuse 0
  • The_troLLimpic_games

    @1

    And in your mind it isn't?

    Your country, Ozzer is being made unlivable... to Ozzers!

    The mining boom is over, the economy has no other gear, and prices for everything are surging out of control. Real estate pretty much unafordable and workers can no longer work in the cities since they have to live so far away. Either the urban economies of Melbourne and Sydney grind to a halt, or they have to drammaticaly increase wages, which would drive many out of business, and create an inflationary spiral.

    If you think you are doing well, then enjoy your dreamworld, Ozzer. I read everyday know how Ozzer is in deep trouble from many fronts.

    Jun 20th, 2015 - 01:18 pm - Link - Report abuse 0
  • Pugol-H

    5 The_troLLimpic_games
    Not long then before they are all jumping into boats and trying to make it to Afghanistan, eh.

    Jun 20th, 2015 - 02:21 pm - Link - Report abuse 0
  • yankeeboy

    Toby, Any Rg would give their right arm to live like the poor in Australia. You're so delusional it is frightening.

    Jun 20th, 2015 - 02:27 pm - Link - Report abuse 0
  • Lucdeluc

    Australia's get out of jail card is to sell its arse to the Chinese and Indians.

    Jun 20th, 2015 - 02:28 pm - Link - Report abuse 0
  • Brasileiro

    We are going through adjustments. Our inflation is high, our productivity is low, our education is low. Our willingness to do the right thing is great.

    But whatever happens we do not want the West here within our country.

    At least let us die in peace!

    https://www.youtube.com/watch?v=h8LAwijeYh8&list=FLmXPTu1f8AdGlizWNiASx2A&index=4

    Jun 20th, 2015 - 02:45 pm - Link - Report abuse 0
  • Pugol-H

    @8 Lucdeluc
    China has already got a row of S. American arses to get through before it could get round to Oz.

    India still has its head stuck up its own arse

    Jun 20th, 2015 - 02:48 pm - Link - Report abuse 0
  • golfcronie

    @9
    Brasso, another oil spill in the wetlands, Oh dear. Not very good at anything is Brazil.

    Jun 20th, 2015 - 02:58 pm - Link - Report abuse 0
  • Brasileiro

    It is too much oil, too much niobium, iron is too much, it's too agriculture is too cow, it's all too much.

    I do not fault that my country is greatly blessed by God.

    Let's go swimming in oil!

    https://www.youtube.com/watch?v=FaKcX7XCmgQ&list=FLmXPTu1f8AdGlizWNiASx2A&index=3

    Jun 20th, 2015 - 03:07 pm - Link - Report abuse 0
  • golfcronie

    You think God is going to help you.HaHaHa

    Jun 20th, 2015 - 11:41 pm - Link - Report abuse 0
  • Skip

    Oh dear Nostrils.

    I see your Argentinean education has raised its head again. Probably why that whole one month story of you going to uni stopped so quickly. Let's see....

    “Your country, Ozzer is being made unlivable... to Ozzers!”
    And yet we are welcoming over 200,000 new migrants per year. New “Ozzers” every one of them.

    “The mining boom is over”
    The mining INVESTMENT boom is over. Now the production starts and keeps going. It generates less employment but then again it generates more taxes.

    “the economy has no other gear”
    And yet we're STILL growing at 2.3% per year. Indeed 1991 is the last year we didn't grow. Argentina's is 2015.

    “and prices for everything are surging out of control”
    Our inflation rate is 1.3% and has been trending lower for 7 years.
    Hardly “surging”!

    “Real estate pretty much unafordable and workers can no longer work in the cities since they have to live so far away.”
    There are houses for sale for less than A$250,000 in Melton, 35km west of the CBD and 28 minutes by train to 'downtown'. Or if you're single there's studio flats in the CBD for less than A$200,000!

    “Either the urban economies of Melbourne and Sydney grind to a halt, or they have to drammaticaly increase wages, which would drive many out of business, and create an inflationary spiral.”
    Grind to a halt why? The median is A$77,000 so hardly priced out of the market totally, just priced out of living in manny inner suburbs.

    “If you think you are doing well, then enjoy your dreamworld, Ozzer. I read everyday know how Ozzer is in deep trouble from many fronts.”
    And yet you seem unable to see how deep your own country is?

    But don't worry, we have lower inflation, budget deficits, government debt, unemployment, crime and homicide rates than Argentina. And higher growth, immigration, wealth accumulation, longevity and stability than Argentina.

    If Australia is bad then that makes Argentina an absolute sh!thole.

    Jun 21st, 2015 - 12:03 am - Link - Report abuse 0
  • Chicureo

    Buenos Aires, Casa Rosada
    Presidente de la Nación Argentina
    Dra. Cristina Fernández de Kirchner
    (English Translation)

    Relations between the Argentina Nation and the United Kingdom are being pushed to the worst catastrophe as the days go by due to vicious smear campaign being conducted through the imperialist media consisting of a litany of malignant lies being currently parroted my the illegal puppet so called “Acting Governor” Sandra Tyler-Haywood of the illegally held Islas Malvinas.

    Outrageous false claims of Argentina is conducting some sort of disruption and blockade of the Malvinas illegal inhabitants as well as being rightful subjects of Argentina testifies to the promotion of unwanted confrontation to hinder the eventual repatriation of the Malvinas to its rightful motherland.

    The British imperial imaginary claims are getting disintegrated beyond control and hit hard from all sides for its political crisis and subsequent social catastrophe and confusion.

    It is vexed with the daily increasing political might of Argentina, the might of single-minded unity of international relations growing stronger as the days go by.
    The group of traitors is busy conducting the above-said false propaganda in a bid to divert elsewhere the people and the world public's bitter criticism of it.

    In the grip of extreme fear and uneasiness, the regime is working hard to whip media and riff-raffs toward total confrontation with the Argentine people a foolish act of jumping into fire with a no desire to save the illegal vermin still nesting in our sacred lands. Let the dogs off hell feast on their flesh!

    The Argentine government had already made a solemn declaration that those who hurt the dignity of its supreme leadership and drive South Atlantic regional relations into the worst catastrophe would be the primary target of its punishment.

    They include the Malvinas illegal squatters whom will pay the ultimate penalty for their evil betrayal of the Argentine fatherland.

    Jun 21st, 2015 - 12:01 pm - Link - Report abuse 0
  • Britworker

    Just read the above post. Am I reading too much into it but, does she not like us very much ?

    Jun 21st, 2015 - 09:50 pm - Link - Report abuse 0
  • Jack Bauer

    @9 brasshole
    it is obvious that “your willingness to do the right thing” is not shared by the f*cking PT government....and, wasn't it you, bean brain, that said Dilmona wouldn't go to the US and hold out her hat for a few crumbs ? well, there it is, for all to see...including you, bean brain !
    And, if you want to die, and in peace, don't let us stop you...if you need some help, just holler !
    As to your # 12, “Let's go swimming in oil!”..........yep, would be a good change for you that always swims in shit !

    Jun 29th, 2015 - 11:18 pm - Link - Report abuse 0

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