Good morning! In today’s issue: Brazil needs to boost investment to break the vicious cycle of poor growth rates. Revelations from a plea bargain could be devastating to big banks. Truckers threaten a new strike. Brazil’s meat sector booming after Chinese swine fever. Enjoy your read!
Public investment in Brazil at a 50-year low
With the Brazilian federal government battling huge deficits and state administrations nearly bankrupt, investment levels in Brazil have fallen to their lowest level in 50 years. In Q1 2019, the rate of investment has retracted to 15.5% of GDP, from...
