Amidst political chaos and uncertainty, Brazil’s economy continues on its path to recovery receiving a vote of confidence by ratings agency Moody’s. There is hope Brazil will be able to continue the necessary economic reforms once a new President takes office next year. On 9 April, two days after former President Lula’s arrest, ratings agency Moody’s improved the […]
The hyper-expansion of the BRICS nations was seen by some as an overreaction to instability in the global economy in the late 2000s. Countries like Brazil became a hot commodity for investors when Europe and the US economy were faltering. With some normalcy in the US economy returning recently, Brazil’s high growth rates have began […]
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