Brazil is now the world’s sixth largest economy and is set to host the 2014 World Cup and 2016 Summer Olympics. Drivers pass through deforested land along federal highway BR-222 in Para state. Highway construction through Amazonian rainforest has led to accelerated rates of deforestation. Picture: Mario Tama
Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis - http://www.popularaz.com/brazils-tech-sector-bright-spots-beckon-as-it-begins-to-emerge-from-long-economic-crisis/
Brazil 'overtakes UK's economy' COMMENTS (413) The Brazilian economy is still booming, despite the global economic slowdown Continue reading the main story Related Stories Brazil: No longer 'country of the future' Will growth draw Brazilians home? Brazil's economy marching to samba beat Brazil has become the sixth-biggest economy in the world, the country's finance minister has said.
Brazil’s economy will contract more than previously forecast and is heading for the deepest recession since at least 1901 as economic activity and confidence sink amid a political crisis, a survey of analysts showed.
Along with many countries, Brazil's economy drops as its deficit continues to increase. Brazil's economy has been hit hard by a slowdown in global demand - particularly in China - for its commodities, while a corruption scandal centred on state oil giant Petrobras has severely damaged investor confidence.