http://www.reuters.com/article/2012/04/03/us-brazil-economy-idUSBRE8320WY20120403
President Dilma Rousseff will enact tax cuts...and stimulus...worth over $30 billion usd...to boost growth.
She also wants lower borrowing costs...as the economy struggles to regain fast growth...that once had it leading BRICS nations.
She refuses to call recent measures protectionist...only that Brasil will not hesitate to 'defend our jobs, our industry and our growth.'
But most economists foresee modest GDP growth of 3.5% for 2012.
Brasil only registered 2.7% growth in 2011...after a blistering 7.5% in 2010.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PUERTO RICO: The Enigma of Tourism.
- URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- Chavez And Argentina Sign Trade Accord.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.
- COLOMBIA: FARC Abducts & Murders Provincial Governor.
