Brazil Daily

Brazil’s A-shaped recovery

Good morning! Disappointing GDP results put paid to Paulo Guedes’ V-shaped recovery prediction. Brazil hopes to arrive at COP26 with new carbon laws. Payroll tax exemptions become the latest budget dispute.

A weak Q2 GDP, and more disappointment to come

gdp carbon markets
Hurting the GDP: rural producers were hurt by adverse climate conditions. Photo: Guilherme Martins/MST Paraná

The Brazilian economy stagnated during Q2, with a paltry GDP growth rate of -0.1 percent from the previous quarter....

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