Comment on As Brazil vote on President's impeachment draws near, recession continues

As Brazil vote on President's impeachment draws near, recession continues

Brazil's week just went from bad to worse. As an impeachment trial against President Dilma Rousseff draws to a close, Brazilian officials announced that the economy continues to be mired in a deep recession. In the second quarter, Brazil's economy contracted 3.8%, after shrinking 5.4% in the first three months of the year.

 

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