Não tenho conta, da pra ver um artigo free por dia, por sorte ainda ta aberto no navegador e vou colocar em spoiler.tão cobrando, socializa ai sua conta.Brazil crawls out of recession after bumper soy crop
Political turmoil remains a risk for Latin America’s biggest economy
https://www.ft.com/content/e6af3bc0-46c5-11e7-8519-9f94ee97d996
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Brazil crawled out of its deepest recession on record in the first quarter, but analysts warn that political turmoil means Latin America’s largest economy is not out of the doldrums.
Official data on Thursday showed the economy grew 1 per cent compared with the previous quarter. This marked Brazil’s first quarter-on-quarter growth after eight consecutive quarters of contraction, and was driven by the agricultural sector — mainly a bumper soy harvest — which expanded 13.4 per cent. But underscoring the hurdles still facing the Brazilian economy, gross domestic product continued to shrink on a year-on-year basis, contracting 0.4 per cent in the first quarter.
“There is marginal growth, something that hadn’t happened in a while,” said Silvio Campos Neto, senior economist with Tendências consultancy.
The growth rate was slightly higher than the government had expected and will be used by embattled president Michel Temer to try to shore up his support.
Under pressure from a corruption scandal in which he was taped allegedly discussing bribes, he is seeking to base his legitimacy on his government’s ability to rescue Brazil’s economy from its worst recession in history.
“We have come off rock bottom,” added Antonio Domínguez regional managing director of Maersk Line. “But Brazil still has a long way to go before it claws its way back to pre-crisis trade levels.”
He notes Brazilian imports and exports in the first quarter of 2017 are 21 per cent lower than volumes in the same quarter in 2015. Goldman Sachs economist Alberto Ramos also warns Brazil is not out of the woods yet. “This is hardly a telling sign that we have just initiated a vigorous economic recovery. The first quarter figures were boosted by a record high bumper harvest. There will likely be some payback in the second quarter.”
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