SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (83583)11/23/2011 5:05:26 PM
From: Snowshoe  Read Replies (2) of 217815
 
>>heard Brasil GDP to shrink by half in coming quarters..<<

I guess you meant the growth rate...

Brazil, emerging no more, seeks to cement rise
Latin American giant well positioned to withstand economic turbulence
marketwatch.com

...some analysts have said the Brazilian economy is only likely to grow by three percent this year, compared to 7.5 percent last year.

According to Joe Leahy, at The Financial Times, one of the most significant effects of the crisis in the euro zone is likely to be a reduction in demand for Brazilian exports from Europe, which currently accounts for around 20 percent of Brazil’s international trade. He also cited a decline in capital flows as a major concern, considering that a third of Brazil’s direct foreign investment inflow over the past two years has come from Europe.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext