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  2. Brazil's economy grows 2.9% in Lula's 1st year, beating ... - AOL

    www.aol.com/news/brazils-economy-grows-2-9...

    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.

  3. Economy of Brazil - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Brazil

    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.

  4. Brazil's economy improves during President Lula's first year ...

    www.aol.com/news/brazils-economy-improves-during...

    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 ...

  5. Local markets more upbeat about Brazil's economy under ... - AOL

    www.aol.com/news/local-markets-more-upbeat...

    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 ...

  6. Economy of South America - Wikipedia

    en.wikipedia.org/wiki/Economy_of_South_America

    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.

  7. Brazil and the World Bank - Wikipedia

    en.wikipedia.org/wiki/Brazil_and_the_World_Bank

    Brazil being one of the largest users of the World Bank, there is a strong economic reliance on the institution and its aid in providing Brazil, with its dense population and infrastructural obstacles, the necessary help to maintain its development as economic disparity, poverty, and lack of opportunity continue to grow.

  8. Brazil's economy stagnant, growth freeze to continue in 2023

    www.aol.com/news/brazils-economy-stagnant-growth...

    Brazil's economy has entered a phase of stagnation that will persist next year as unrelenting inflation curtails consumer spending and policymakers struggle to find answers, a Reuters poll showed.

  9. Brazil's economy at crunch time for recovery, inflation adds ...

    www.aol.com/news/brazils-economy-crunch-time...

    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 ...