MercoPress. South Atlantic News Agency
Brazil's inflation at 12-year high in January driven by food and transportation prices
Brazil's inflation rate rose to a 12-year high, officials said on Friday, as Latin America's largest economy continues to struggle through a protracted recession. Driven by rising food prices, the annual inflation rate hit 10.71%, the highest since November 2003 and well beyond the central bank's target ceiling of 6.5%, said national statistics institute IBGE. Read full article
Comments
Disclaimer & comment rulesDumbAss Dilma is to Brazil what TMBOA was to Argentina.
Feb 06th, 2016 - 11:19 am - Link - Report abuse 0The one has gone, so the other needs to.
Food and Trasportaion
Feb 06th, 2016 - 12:44 pm - Link - Report abuse 02 things that have the greatest use by the poor.
Lemme guess, the Marxist Monkeys will raise the montly free $ to poor people to make up for the inflation.
Total idiots.
With the international fuel price-range at it's lowest; the transport should actually become cheaper and should also help in controlling the inflation!
Feb 07th, 2016 - 11:04 am - Link - Report abuse 0Unfortunately; it's the other way around! This is yet another proof that something is terribly wrong in Brazil!
- The government will need more R$ to spend and thus will keep increasing the taxes.
- Hyperinflation will soon return to Brazil.
- Lesser & lesser products will be sold
- Imports will become costlier.
- More & more industries/companies will be closed.
- Increase in the unemployment will accelerate.
- Brain-Drain has already begun.
- A revolt/violence by a part of the population is quite possible.
- “Emegency-State” may be declared.
- “Collor-Style Theft” is not unlikely.
Judging from such happenings & possibilities; the economy is rapidly snowballing - Completely Out Of Control.
A very - VERY - frightening scenario indeed!
Everything is going as planned: The complete isolation of the first world. Brazil's Soft Power is irresistible!
Feb 07th, 2016 - 03:30 pm - Link - Report abuse 0Everything is going as planned
Feb 07th, 2016 - 04:23 pm - Link - Report abuse 0Bahahahahahaa
Thank you that made my morning.
Europe is over. North America is trapped, scared. The QE-3 ended the possibility of any reaction. QE-4 is suicide of North America.
Feb 07th, 2016 - 04:39 pm - Link - Report abuse 0The USA is the only country that money is flowing into, its coming in the 100s of Billions a month from EU SoAm and China.
Feb 07th, 2016 - 05:44 pm - Link - Report abuse 0They say China is going to devalue this week while everyone is on vacation there.
Maybe as much as 25%
It won't help tho
and by next year
They'll be out of enough reserves to keep their economy afloat.
The magic number is U$2.8T
below that they are done.
:)
You live in a paradise that does not exist.
Feb 07th, 2016 - 05:56 pm - Link - Report abuse 0The world has changed and you do not!
https://www.youtube.com/watch?v=C_ccpgXfPoU&list=FLmXPTu1f8AdGlizWNiASx2A&index=9
“Se ao menos você soubesse.”
Your world has changed much more than mine has.
Feb 07th, 2016 - 09:31 pm - Link - Report abuse 0They just started telling pregnant women in Brazil not to kiss or have sex.
In the civilized world we'd call that COLLAPSE
What is kind of funny, all the problems you all are having now are directly related to bad gov't.
It really didn't take that long.
A decade and everything is a disaster.
Nope not too long at all
Man + woman = Yank Boy
Feb 07th, 2016 - 09:51 pm - Link - Report abuse 0Brasil + Brasil = Brasil
https://www.youtube.com/watch?v=dxi2vGPZyzA&list=FLmXPTu1f8AdGlizWNiASx2A&index=44
Brazil is in the hands of a Legalized Crime Syndicate. However; not ALL crooks in Brazil are Politicians.
Feb 08th, 2016 - 11:39 am - Link - Report abuse 0In any case, the Brazilian Politicians and Diapers have one thing in common. BOTH should be changed - regularly - and for the same reason.
Very soon someone's going to call PBR loans.
Feb 08th, 2016 - 01:22 pm - Link - Report abuse 0Then we'll see some fun times.
As PBR goes so does Brazil.
:)
Brazil becoming “Venezuela” - sooner if not later.
Feb 08th, 2016 - 02:57 pm - Link - Report abuse 0@4 BR asshole (with shit for brains)
Feb 10th, 2016 - 03:05 pm - Link - Report abuse 0“Everything is going as planned: The complete isolation of the first world. Brazil's Soft Power is irresistible!”
BR asshole, have you noticed that when some supposedly goood news about Brazil hits the news, you gloat about it and grossly exaggerate its positive effects ? and that when bad news about Brazil is posted, you also gloat and try to tell everyone how wonderful things are ? there's only one explanation for that, you must be a schizo psychopath.......
You simply deny the existence of what you don't like, as if by sticking your head in the sand (or up Lula's 'fiofó') will make the problem go away.
Brassiere-sileiro must be happy.
Feb 11th, 2016 - 12:06 am - Link - Report abuse 010.71% is a much higher inflation than his 81-eyes countries, which must make do with inflations of some miserly 1 or 2%, the poor dears.
People of his 81-eyes countries must face the fact, that they can buy what they used to, while Brassiere-sileiro can get almost 11% less of everything for free.
Well done populists, well done ...
Feb 11th, 2016 - 01:04 pm - Link - Report abuse 0Keep voting former terrorists Dilma, keep praising corrupt Lula, etc. You are on an unstoppable path to the top ...
Petrobras’ total debt to total equity ratio jumped from around 115% in 2014 to 174% at the end of September 2015 — making it the most indebted company in the Oil and Gas Industry.
Feb 11th, 2016 - 08:31 pm - Link - Report abuse 0REF: http://www.bidnessetc.com/61825-is-petroleo-brasileiro-sa-petrobras-brazils-biggest-problem/
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