Brazil Daily

Is Brazil going into recession again?

Good morning! Is the Brazilian economy going into recession again? The House votes on a decree to cut red tape by altering labor regulations. Argentina’s own Joesley Day. FBI looks for a suspected Al-Qaeda member in Brazil. Operation Car Wash to last for one more year—at least. Enjoy your read.

Is the Brazilian economy going into recession again?

The Central Bank’s Economic Activity Index (IBC-Br), which is a leading indicator of what the official GDP numbers will be, suggested that Brazil’s economy shrank 0.13 percent over the last quarter. If confirmed by the GDP figures (to be released at the...

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