MercoPress. South Atlantic News Agency
Brazilian recession begins to hit US companies profits and shares
Agricultural giant FMC is the latest company to warn about operations in Brazil and now the stock is crashing. On Monday the $5 billion agricultural company announced that it would lay off 800-850 people — saving the company about $150 million a year by 2017 — while also cutting its profit outlook for the third quarter and all of 2015. Read full article
Comments
Disclaimer & comment rulesAwaiting your comments Brasso, do you think you do not need foreigners on your soil?
Oct 13th, 2015 - 07:33 am - Link - Report abuse 0Is true. Brazil does not need foreign companies. We have financial capital, human capital, raw materials, sufficient consumer market and technology to our own companies to grow and become global giants.
Oct 13th, 2015 - 09:38 am - Link - Report abuse 0@2. Really? Would you like to peruse this list? http://www.v-brazil.com/business/largest-corporations.html#2
Oct 13th, 2015 - 12:24 pm - Link - Report abuse 022 out of 50 are “foreign” to Brazil. That's 22 where Brazil doesn't even get a look in.
@ 2 Brasileiro
Oct 13th, 2015 - 03:28 pm - Link - Report abuse 0“the economic situation in Brazil is a mess”
A mess which doesn’t just hit foreign companies who can cut right back and go elsewhere till things improve.
A mess which hits Brazilian companies much harder, as they have nowhere else to go.
@ H
Oct 13th, 2015 - 03:50 pm - Link - Report abuse 0You should research more. All genuine Brazilian economic sectors are doing very well. The Brazilian state is strong, even though he does not know it.
We will move forward, investing in education and appreciation of the work.
The rest of you will always be.
https://www.youtube.com/watch?v=wLOP5Tr4cPY&index=3&list=FLmXPTu1f8AdGlizWNiASx2A
@5 Brasileiro
Oct 13th, 2015 - 04:15 pm - Link - Report abuse 0Right, it’s all actually wonderful, it’s just that no one realises it.
You have definitely been around Argys too much.
64 billion in foreign entities out of 183 billion. 35%...Tobi....Brasshoel, whomever your sick mind allows you to be today.....Brazil is fucked when they choose to leave......who many were chin on that list? Oops....NONE!!!
Oct 13th, 2015 - 06:22 pm - Link - Report abuse 0Some reading for those who can, and those who cannot, watch youtube.
“Brazil's 'new middle class' struggles as economy plunges”
SAO BERNARDO DO CAMPO, BRAZIL | BY ASHER LEVINE
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
http://www.reuters.com/article/2015/10/12/us-brazil-economy-fears-idUSKCN0S61QF20151012
Of course, all canons are pointed towards Dilma Rouseff, a nightmare for large corporations.
Oct 13th, 2015 - 07:49 pm - Link - Report abuse 0Cptn Poppy's interestingly shows us the intense international media campaign that attempts to justify in advance a soft coup against Dilma, so things can return to “normal” and people can be crushed and pushed into favelas forever.
I hope, for the good of the great Brasileiro people, that that nightmarish scenario never happens.
@5 “All genuine Brazilian economic sectors are doing very well. The Brazilian state is strong, even though he does not know it.”
Oct 13th, 2015 - 08:56 pm - Link - Report abuse 0It is the woefully subjective language that derails your argument. You're like the football coach about to go winless, grasping for shreds of dignity and moral victories. Unfortunately, Brazil's ”rebuilding year(s)” are going to lead to further years of pain and humiliation. People like I who legitimately care about your country are at a loss for words.
When all the press is talking bad, it's because the change is deep and ...
Oct 13th, 2015 - 10:46 pm - Link - Report abuse 0Quique........go back to the woods fucking your sons. Your almost a brainwashed baffon. Living in South America would clinch it.......but even you are are smart pedophile.
Oct 13th, 2015 - 11:33 pm - Link - Report abuse 0@2 & 5 brasshole (with shit for brains)
Oct 14th, 2015 - 05:29 pm - Link - Report abuse 0Amazing ! you still don't get it , do you ? If the foreign multinationals abandoned Brazil – as you suggest they should - besides millions losing their jobs overnight, these companies would also take their patents and technology with them.....Take just the automotive industry as an example - responsible for about 1,5 million jobs, and representing over 20% of Brazils GNP ; The so-called 'genuine' Brazilian industry is a drop in the ocean when it comes to the GNP. But maybe you could tell us which sectors it includes, that are doing very well... and that will make Brazil grow into a global giant.
And as far as Education is concerned, what are you going to do about the fact that DumbAss Dilma has sliced a hefty chunk out of its budget ?? keep on producing ignorant idiots like yourself ?
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!