Brazil Daily

Evergrande risks for Brazil

Good morning! Today, a crisis at major Chinese property developer Evergrande could cause havoc to Brazil’s economy. Bolsonaro’s UNGA address is unlikely to gain international plaudits. The UK tells Brazil to up its environmental game. Amazonas governor in the dock for corruption charges.

Evergrande crisis a threat to Brazil’s real economy

evergrande risks
Tokyo stocks tumbled more than 600 points in the early trading. Photo: Kimimasa Mayama/EFE/EPA via Folhapress

Global markets faced mayhem on Monday amid investors’ concern about how the world’s two largest economies will act in response to threats against global recovery. In the U.S., worries center around the Federal Reserve’s potential cutback on huge government bond purchases. Meanwhile, in China, the problem is property development...

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