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The survey by Genial/Quaest showed that 53% of market players now think Brazil's economy will improve in the next 12 months, up from just 13% in a May poll, while those who believe conditions will ...
Brazil's economic recovery is at crunch time for meeting lofty quarterly growth expectations just as a sudden inflation spike adds to worries about the coronavirus pandemic's devastation and ...
Brazilian President Luiz Inácio Lula da Silva likes to boast he had a good first year after returning to the job. The economy is improving, Congress passed a long-overdue tax reform bill, rioters ...
The Brazilian government has undertaken an ambitious program to reduce dependence on imported petroleum. Imports previously accounted for more than 70% of the country's oil needs but Brazil became self-sufficient in oil in 2006–2007. Brazil was the 10th largest oil producer in the world in 2019, with 2.8 million barrels / day.
The Brazilian government has undertaken an ambitious program to reduce dependence on imported petroleum. Imports previously accounted for more than 70% of the country's oil needs but Brazil became self-sufficient in oil in 2006–2007. Brazil was the 10th largest oil producer in the world in 2019, with 2.8 million barrels / day.
Development of agricultural output of Brazil in 2015 US$ since 1961. The agriculture of Brazil is historically one of the principal bases of Brazil's economy.As of 2024 the country is the second biggest grain exporter in the world, with 19% of the international market share, and the fourth overall grain producer. [7]
Brazil's economy grew 2.9% in 2023, beating expectations in the first year of the administration of President Luiz Inácio Lula da Silva, according to the government statistics institute Friday.
The low level of education in Brazil in general has been a concern as it perpetuates the income inequality situation by decreasing social mobility. This limits the opportunities of those in low income groups, lowering their chances of narrowing the income gap. Brazil has an illiteracy rate of 10.2% and a poor quality of education.