Brazilian economic activity contracts for the fourth straight quarter

Friday, November 20th 2015 - 09:44 UTC

Full article 4 comments

Economic activity in Brazil contracted for the fourth straight quarter, central bank data showed this week as Latin America's biggest economy plunges further into recession. The bank's IBC-Br economic activity index indicates economic activity fell 1.41% in the third quarter from the previous three months. Read full article

Comments

Disclaimer & comment rules

Brasileiro
We Brazilians have to increase our productivity efforts and generating new technologies and products that give the necessary conditions for the full development of our society.

The initiative of our universities and their researchers have contributed to the generation of patents that very soon will provide us with great financial returns.

http://circuitomt.com.br/editorias/saude/77410-laboratorio-gaucho-vai-testar-eficacia-da-fosfoetanolamina.html

The ultimate cure of all cancers are very close to be reached by the hands of Brazilians, Third World South Americans!
Nov 20th, 2015 - 11:00 am - Link - Report abuse 0
-+
Tik Tok
Hey Brasshole you finally said something reasonably sensible that you neet to up productivity! But that can only happen when Brazil institutes a framework of rules and regulations that allow that to happen, and with the current load of twits running Government that aint gonna happen anytime soon.
Nov 20th, 2015 - 01:38 pm - Link - Report abuse 0
-+
yankeeboy
Brazil will never make it into a developed country. There's just too many poor/uneducated people there.
As the economy continues is multi year deterioration millions of people that were considered “middle class” will become poor again.
The growth they've had over the last decade will have shown itself to be false just like in Argentina and Venezuela.
You can't give free money to people and call them middle class.
It doesn't work in the long run and it only will end up dragging the real middle class into poverty when it collapses.

They say that 76% of Venezuelans are now in poverty.
That's Socialism/Statism
Nov 21st, 2015 - 05:04 pm - Link - Report abuse 0
-+
Jack Bauer
@1 BRasshole (terrorist with shit for brains)
While your rant makes sense, productivity is the name of the game - the only problem is that as long as the f*cking PT are in power, no-one will trust Brazil and the crisis will drag on. Fora Dilma, que morra o sapo barbudo de 9 dedos e sem cérebro !!
Nov 21st, 2015 - 08:40 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!