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
- Mexican Court Frees 22 Convicted Of Chiapas Killings.
- CUBA: Food Processing Limitations Cause Waste.
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- AUSTIN,TEXAS: Dell's Decline Revealed in A Lawsuit Over Defective Computers.
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
- BOLIVIA: Morales Opponent Governor Removed By Legislature.
- Profile of a Cuban Spy
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ARGENTINA: Reciprocity Tourist Tax Begins.
- BRASIL: Profile: Central Bank Chief Alexandre Tombini.
