MercoPress, en Español

Montevideo, April 18th 2024 - 23:56 UTC

 

 

Brazil in recession, but farming is booming with the 29% fall of the Real

Tuesday, December 15th 2015 - 08:36 UTC
Full article 21 comments

Financial and political turmoil that have Brazil on the brink of a depression is also contributing to one of the best years ever for domestic farmers. Economic stress and a weak currency has facilitated export revenue for everything from soybeans to beef to coffee. Read full article

Comments

Disclaimer & comment rules
  • Troy Tempest

    Now I understand why 'Political Messenger Brasso' is telling us on the other thread thar Brazil exporting food to Africa and elsewhere - a massive currency devaluation will do that!

    Dec 15th, 2015 - 09:14 am - Link - Report abuse 0
  • Brasileiro

    The recession is this year is focused on the speculative financial system that lost $ 150 billion. On the other hand we won our financial independence of the United States.

    The important thing is to ban the inflow of dollars for speculative purposes.

    I'm very confident in the resumption of the confidence of the economic agents in 2016.

    Money will not miss. The trade surplus will exceed 330 billion yuan in 2016 (Credit Suisse).

    Brazil is changing profile, or have changed. We have entered a phase of growth through foreign trade and no longer through domestic consumption. For now.

    http://www.brasil247.com/pt/247/economia/208669/Balan%C3%A7a-pode-ter-super%C3%A1vit-de-US$-50-bi-em-2016.htm

    For all this to happen the exchange can not be valued!

    Dec 15th, 2015 - 09:18 am - Link - Report abuse 0
  • yankeeboy

    A lot of countries “won” their financial independence from the USA, Cuba, Argentina, Venezuela, North Korea, Iran so you're in really good company.
    Bahahahahaha
    Good luck with that.

    Dec 15th, 2015 - 12:27 pm - Link - Report abuse 0
  • ChrisR

    A strong dollar also means imports are correspondingly more expensive.

    Does Brazil import fertilizers? Oil (yes)? Car parts (yes)? Luxury goods made by competent workers (yes)? Aircraft engines, parts and electronic instruments and controls (yes)? And a whole host of other things of course.

    Have wages gone up by 29%? LOL

    Dec 15th, 2015 - 01:48 pm - Link - Report abuse 0
  • yankeeboy

    You can't depreciate yourself to wealth. Brazil has structural problems ( like China) that currency manipulation will never fix.

    Dec 15th, 2015 - 01:57 pm - Link - Report abuse 0
  • Jack Bauer

    @5 YB
    Don't expect the BRasshole to understand that...or anything else. He is an ignorant, brainwashed turd.

    Dec 15th, 2015 - 04:28 pm - Link - Report abuse 0
  • yankeeboy

    6. What I think is funny about Socialists/Statists who have no idea how a market works or on a grander scale an economy is they do something to fix a problem and it makes it terribly worse so they do the same thing on a bigger scale truly believing that the 1st thing they did just wasn't big enough and on and on until everything is so out of control it has to go to rock bottom to rise again.

    Dec 15th, 2015 - 04:37 pm - Link - Report abuse 0
  • Brasileiro

    @6 Jack Bosta was you who was on Paulista Avenue last Sunday?

    Dec 15th, 2015 - 04:53 pm - Link - Report abuse 0
  • Troy Tempest

    8

    Ok, now 'StupidBrasso' is back

    Dec 15th, 2015 - 05:47 pm - Link - Report abuse 0
  • Jack Bauer

    @7 YB
    Socialists scumbags just believe in populism, and when the money runs out, raise the taxes.....but you're right, they insist on the error.....which is understandable, given that their objective is not to do the right thing.

    @8 BRasshole
    Yes I was there , you ignorANUS........was glad to see the more intelligent portion of Brazilians asking for Dilma's , Lula's and the PT's heads. I suppose you were somewhere in your shitty slum, thinking up the next lie.

    @9 Troy
    Unfortunately. A real asshole.

    Dec 15th, 2015 - 08:37 pm - Link - Report abuse 0
  • Brasileiro

    @10 I knew it! I photographed you, Jack Bosta.

    Dec 15th, 2015 - 09:43 pm - Link - Report abuse 0
  • ilsen

    I know this is some-what of an old trope, but as it has now been proved, it bears repetition.
    The so-called Socialists have finally run-out of other people's money to spend, (viz. Argentina, Brazil and Venezuela).
    The populations, (el pueblo), are starting to realize, and have vote for change/seek impeachment etc.
    The other 'hangers-on' such as Ecuador and all the Petro-Caribe chancers are simply dominos ready to fall. They have been secondary beneficiaries of 'other people's money' and have nothing of their own.

    It will be over soon, it maybe a bloody mess, but at least it will be over soon.

    Dec 16th, 2015 - 01:44 am - Link - Report abuse 0
  • Troy Tempest

    ilsen,

    Hoping the transition to sanity is not unnecessarily bloody.

    Dec 16th, 2015 - 04:50 am - Link - Report abuse 0
  • ilsen

    Troy, I appreciate your kind sentiment, thank you,

    ... but many, many, on both sides are looking for revenge, to protect their 'Cause', (which-ever, what-ever that maybe), and quite simply, the millions, yes, millions that are quite simply absolutely, fucking angry, really fucking angry, (for multitudinous reasons, on what-ever 'side' and there are many sides!).

    Everyone is just furious with everyone-else...

    yep. it's an almighty mess...
    :-(

    However....
    After becoming aware of more info/detail very recently. I totally retract my earlier statement of “but at least it will be over soon.”@12

    I now fear a bloodbath...

    Although, it seems that, the Minister for Defence, who is also Chief of All Military, (even tho. the Constitution bans this, (haha only in Vnzla!)), is the stabilising force preventing a 'coup' and demanding democratic process...

    Venezuela is at the brink of utter chaos.

    More news soon.

    Dec 16th, 2015 - 05:46 am - Link - Report abuse 0
  • Troy Tempest

    I fear that the people are so vulnerable.

    I imagine that one way or the other, Maduro will be gone soon, but at what cost?

    Does anybody know what the Armed Forces will do?

    Dec 16th, 2015 - 07:51 am - Link - Report abuse 0
  • Mauriciomichalowski

    http://www.noticiasagricolas.com.br/noticias/soja/166236-safra-201516-lavouras-de-soja-de-mt-continuam-sendo-castigada-pela-falta-de-chuvas-regulares.html#.VnFbTUqDGko

    Dec 16th, 2015 - 12:39 pm - Link - Report abuse 0
  • yankeeboy

    It must end in a bloody revolution for people to remember the cost and not repeat the same mistakes.

    Dec 16th, 2015 - 01:22 pm - Link - Report abuse 0
  • Jack Bauer

    @11 BRasshole (feto cagado)
    What a lying piece of crap....

    Dec 16th, 2015 - 06:06 pm - Link - Report abuse 0
  • yankeeboy

    Brazil's bonds just went to junk.
    There will be no recovery in 2016
    There will be no surplus

    It is just the begining.

    Dec 16th, 2015 - 06:40 pm - Link - Report abuse 0
  • Skip

    Beginning of what?

    C'mon, let's hear your 'prediction'.

    Dec 16th, 2015 - 07:19 pm - Link - Report abuse 0
  • Briton

    Trust me says David, I have your interest at heart,
    Foreign aid scandal: Iran, China, Zimbabwe.. why is YOUR cash given to foreign dictators?
    http://www.express.co.uk/news/politics/626700/UK-foreign-aid-India-China-Zimbabwe-foreign-dictators-Tory-Government-cuts-Cameron
    1. INDIA
    Last year - £279 million
    Since 2009 - £1.95 billion
    CHINA
    Since 2009 - £148 million
    BRAZIL
    Last year - £10.2 million
    4. ZIMBABWE
    Last year - £104 million
    WEST BANK AND GAZA STRIP
    Last year - £83.4 million
    6. IRAN
    Last year - £659,000
    7. SOUTH KOREA
    Last year - £277,000

    ARGENTINA
    Last year - £961,000
    Since 2009 - £5.7 million
    9. TURKEY
    Last year - £8.5 million
    10. SERBIA
    Last year - £3 million

    Brazil and Argentina, the things we do for others,
    and what do we get in return ??

    Dec 16th, 2015 - 08:46 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!