Brazil faces problems of slowing economic growth and poor standards of living. The once booming economy, growing at a rate of 7.5% in 2010, has slowed down and grew just 0.9% in 2012. In 2013, growth was better at 2.4% but the rate has contracted by 90 basis points (bps) this year.
How Government Policies Have Contributed To Petrobras's (PBR.A) Demise
Bidness etc. - 1 Dec 2014 22:50
Brazil faces problems of slowing economic growth and poor standards of living. The once booming economy, growing at a rate of 7.5% in 2010, has slowed down and grew just 0.9% in 2012. In 2013, growth was better at 2.4% but the rate has contracted by 90 basis points (bps) this year.
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