MercoPress. South Atlantic News Agency
Brazil's industrial output falls for a fourth straight month in September; 10.9% in twelve months
Brazil's industrial output fell for a fourth straight month in September as automakers, metal producers and other manufacturers were hit by a worsening recession, government data showed on Wednesday. This follows the Brazilian central bank's announcement on Tuesday that the economy in 2015 would shrink over 3% with inflation almost at 10%. Read full article
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Disclaimer & comment rulesMantega, levy, kicillof, kirchner, timerman... Rousseff. Great jewish leaders.
Nov 05th, 2015 - 02:03 am - Link - Report abuse 010.9% in twelve months?
Nov 05th, 2015 - 05:08 am - Link - Report abuse 0Not big deal, FOGL drops about 10.9% everyday.
The deindustrialization of Brasil is obvious. The country has been posting industrial contractions for almost a decade thanks to stupid populist monetary policies from Lula and Dilma.
Nov 05th, 2015 - 10:45 am - Link - Report abuse 0@3 Jose
Nov 05th, 2015 - 05:45 pm - Link - Report abuse 0absolutely correct. The bloody petistas have created a cultural sense of entitlement amongst the poor, even if they've done nothing to deserve it. The permissive tone of the 1988 Constitution - that just contemplates people's 'rights', ignoring the obvious counterpart, 'obligations' - allied with the PT's populist policies to guarantee votes, are the main cause of the current mess.
I HATE to be right all the time, but I told you so and it hasn't stopped yet, not by a long shot.
Nov 05th, 2015 - 06:26 pm - Link - Report abuse 0Miami - FL / U.S.A
Nov 11th, 2015 - 12:01 pm - Link - Report abuse 0November 11th, 2015
It only happens when a country is led by an illiterate socialist and certified whore, who is currently pushing a nation's to the nearest stink economic-social vortex shit-hole !.........
Sooner than later she's will be sharing it on the daily basis Venezuela's socialist scumbag's fragrance toilet paper, accompanied with Cuba's Castro stink communist underwear as a side gift.
3 JoseAngeldeMonterrey
Nov 12th, 2015 - 01:24 pm - Link - Report abuse 0Apparently this Nobel prize winning economist doesn't agree with your perception. ”Brazilian Economy Can Easily Recover, Says Nobel Prize Winner Paul Krugman; ..Brazil has what it takes to get out of the present crisis as soon as the inflation drops…. The economist said the Brazilian economy is more solid than in the past, especially regarding the external accounts. He also said the current inflation is fuelled by the high exchange rate and not by structural factors as in the 90's.
http://www1.folha.uol.com.br/internacional/en/business/2015/11/1704832-brazilian-economy-can-easily-recover-says-nobel-prize-winner-paul-krugman.shtml
Miami - FL / U.S.A
Nov 12th, 2015 - 04:03 pm - Link - Report abuse 0November 12th, 2015
@7 Terence Hill
It's just amazing in today's world what a common local Rousseff's socialist puppet can often do, and or perhaps a legit low-life unschooled scumbag and most certainly a certified socialist motherfucker, “people just like you”, who so dearly still has it the handy-retard guts to come towards to a website such as these, carrying Brazil's unique lack of education with a viable purpose to write it an irrelevant nonsense and untrue stink bullshit opinion based on someone's remarks, whose scums just like you still have the brimful right to claim it as a “Nobel prize winning”, coated with the purest uneducated sarcasm of yours as a method of defense mechanism.
In resume you might as well take along with own high exchange rate and not by a structural factors originated back in mid 90's straight to the nearest federal building to acquire your well deserved “Idiot's Trophy” and leave it the above mentioned “Nobel prize winning” available to someone, who really deserves it !....
@3 Jose
Nov 12th, 2015 - 07:24 pm - Link - Report abuse 0Don't take any notice of Twinkle Toes @ 7......he's just a fan of Joseph Goebbels, and firmly believes that if you tell a lie a thousand times it will become the truth.
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