- BULGARIA / RUSSIA : Moscow Hits Sofia With $1.3 Billion Claim For Failed Nuke.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- UKRAINE : 27 April UPDATE: Barbie Doll Looking Model...Defends Appearance.
- COLOMBIA : Top Pop Singer Shakira...Sued By Ex-Novio...For $100 Million.
- MEXICO / USA : Wanted Narco Billionaire's 'Daughter' Arrested In San Diego.
- MEXICO : Gulfo Narco Boss 'El Coss' Caught In Tampico; Arrested Pozos Gonzalez Proud Of Golden AK-47.
- RUSSIA / CHECHNYA/ FRANCE : Actor Depardieu Parties With Dictator Kadyrov.
- USA / SOCIAL MEDIA / GUN CULTURE: Santa Leaves Heat As Xmas Treats.
- MEXICO / USA: Despite Violence, Border Factories Bloom.
- MEXICO: The Growing Number Of Narco Women.
06 December 2011
Brasil...the 'B' of the much vaulted BRIC emerging growth economies...showed less than ZERO growth in Q3 from Q2...actually shrinking by 0.04.
Y/y...Brasilia's economy grew only 2.1%.
In 2010..it posted an impressive 7.5% GDP increase.
In short...its economy is 'morto na água'/dead in the water.
Some economists are blaming...the eurozone...and a slowdown in China.
"The reversal ... is very worrisome, and the worst is that there's not much that can be done about it -- we depend on a solution to the problems in Europe," said an economist.
Others blame monetary and credit tightening...with 5 benchmark interest rate hikes.