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Brazilian economy prospects worsen, says central bank survey

Tuesday, February 16th 2016 - 11:24 UTC
Full article 15 comments

Analysts expect Brazil's economy to contract by 3.33% this year, with the outlook worsening from last week, the Central Bank said Monday. Last week, analysts said they expected Brazil's economy to contract by 3.21% this year. Read full article

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  • Brasileiro

    There is only one way: sign free trade agreement with the BRICS and prevent speculative capital inflows in Brazil.

    The development of a common defense industry within the BRICS should be a priority against Western military threat.

    https://dinamicaglobal.wordpress.com/2016/02/12/adeus-petrodolar-a-russia-aceita-o-yuan-e-e-hoje-a-maior-parceira-de-petroleo-da-china/

    Feb 16th, 2016 - 11:35 am - Link - Report abuse 0
  • L0B0MAU

    Western military “THREAT”? :o))

    Feb 16th, 2016 - 01:00 pm - Link - Report abuse 0
  • Tik Tok

    Brasshole idiota, Brazil needs to gradually drop its protectionist ways with more than just the other BRICS (which are also mostly in a huge hole themselves).

    Feb 16th, 2016 - 02:17 pm - Link - Report abuse 0
  • Captain Poppy

    BRICS 2001-2015

    R.I.P......May the world forget you as quickly as you killed your countries.

    Suggestion, when you are on your knees begging, open your mouths. Between the viruses, pollution, corruption and .......

    http://www.cityam.com/234688/brazil-credit-crunch-fears-grow-debt-is-high-bankruptcies-are-rising-and-a-bank-collapse-could-be-next-while-critics-have-dismissed-special-measures-from-dilma-rousseffs-government

    http://www.cityam.com/234688/brazil-credit-crunch-fears-grow-debt-is-high-bankruptcies-are-rising-and-a-bank-collapse-could-be-next-while-critics-have-dismissed-special-measures-from-dilma-rousseffs-government

    Feb 16th, 2016 - 02:30 pm - Link - Report abuse 0
  • Tik Tok

    The point is perfectly made in your article Captain Poppy....

    Its struggles with corruption aside, the Brazilian economy also suffers from its disproportionate dependence on one fragile market: its own. Brazil’s massive economy — today the world’s seventh largest – is fueled overwhelmingly by domestic consumption. Consider the numbers: From 2011 to 2015, only 11.5 percent of Brazil’s GDP came from foreign trade — a stark contrast to Chile, where 33.8 percent of the economy is driven by foreign trade, or much larger Mexico, where 32.4 percent of GDP comes from trade beyond its borders.

    Get a brain Brasshole!

    Feb 16th, 2016 - 03:19 pm - Link - Report abuse 0
  • L0B0MAU

    REF: Brazil AND Brazilians:

    Traditionally, neither in prosperity nor in crisis, there NEVER has been any “balancing of the budgets” - always spending more than the income.

    In other words spending money which nobody knows from where it is going to appear; is a Tradition/Culture!

    Feb 16th, 2016 - 04:14 pm - Link - Report abuse 0
  • Brasileiro

    Gradually the dollar is leaving the world trade. And since ceased to be the reference currency for sovereign financial reserves in the world.

    I predict a horror century to the United States and its Western satellites.

    https://www.brasil247.com/pt/247/economia/217289/Brasil-poder%C3%A1-dispensar-d%C3%B3lar-em-com%C3%A9rcio-com-o-Ir%C3%A3.htm

    Brazil no longer use the dollar in intra BRICS trade. And now no longer use the dollar in trade with several other countries, including Iran.

    Gentlemen, we are seeing the end of an era. The era of the United States and Western Europe.

    Historic!

    Feb 16th, 2016 - 06:56 pm - Link - Report abuse 0
  • Captainsilver

    Nostril, stop smoking that stuff its affecting your brain which was already addled.

    Feb 17th, 2016 - 12:16 pm - Link - Report abuse 0
  • Skip

    Brasileiro

    These BRICS will have shrinking populations in 2050:
    China
    Russia
    Brazil

    These countries will have growing populations in 2050:
    Australia
    Canada
    United States
    United Kimgdom

    Whose era is ending?

    Feb 17th, 2016 - 12:30 pm - Link - Report abuse 0
  • Jack Bauer

    @1 BRasshole
    “There is only one way: sign free trade agreement with the BRICS and prevent speculative capital inflows in Brazil.”

    BRasshole, where do you get your stupid ideas from ? You are grossly misinformed, and it's obvious that you are living in the past ; today, the BRICS is a dying concept. Brazil and Russia are already screwed, China is going through a drastic readjustment, and that leaves only India doing relatively well. So who is going to sign free-trade agreements ? If at all, perhaps the others, but the Brazilian government, with its enormous appetite for taxation, will never sign “free” trade agreements with anyone.

    @7
    “Gradually the dollar is leaving the world trade”.........Wrong....again ; what is leaving world trade is Brazil. The USD is doing just fine, thank you. And talking of “sovereign financial reserves”, better known as international reserves, just one question : In what currency does Brazil keep its international reserves ??? Surprise, in USD !!!
    You see BRasshole, you are full of crap and your predictions are anything but accurate.

    Feb 17th, 2016 - 03:23 pm - Link - Report abuse 0
  • L0B0MAU

    The more a US$ values in R$; the exports from Brazil become more competitive in the int'l. markets.
    The bad news is that Brazil imports more than what it exports and for the want of a well-organized infrastructure, the exports are not being able to overtake the imports - in whichever currency.

    Feb 18th, 2016 - 10:26 am - Link - Report abuse 0
  • Brasileiro

    @11 Do not talk shit, boy. Will study!

    Feb 18th, 2016 - 10:53 am - Link - Report abuse 0
  • Jack Bauer

    @12 BR asshole (com merda no lugar do cérebro)

    Talking to yourself ??

    Feb 18th, 2016 - 01:55 pm - Link - Report abuse 0
  • L0B0MAU

    REF: http://folhapolitica.jusbrasil.com.br/noticias/125292886/collor-contraria-linha-nacional-de-seu-partido-e-apoia-dilma-temos-que-seguir-lutando-por-um-pais-mais-justo
    Are the Brazilians ready for:
    - R$ heading for US$ = 6 ?
    - Official Declaration of some form of an “Emergency” ?
    - “Collor-Style” Theft of the savings ?

    Feb 19th, 2016 - 09:45 am - Link - Report abuse 0
  • Jack Bauer

    @14 LoBoMAU
    Não há nada que se pode dizer da Dilma que possa ser entendido como elogio. Como elogiar um pedaço de merda ??
    Quanto ao Collor, provou que de roxo o saco dele não tem nada....deve ser no máximo, amarelo. E, sendo aliado da Dilmona, não precisa dizer mais nada.

    Feb 19th, 2016 - 05:41 pm - Link - Report abuse 0

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