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Under Lula, Brazil is walking on the financial wild side (www.economist.com)
submitted 2 months ago by [email protected] to c/[email protected]
0 comments fedilink

In the year to mid-June Brazil’s currency, the real, fell against the dollar by 17%, the worst performance of any major currency over this period. The São Paulo stockmarket lost 8% of its value even as other emerging markets rallied.

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To halt Brazil’s decline, Lula needs to cut runaway public spending (www.economist.com)
submitted 2 months ago by [email protected] to c/[email protected]
3 comments fedilink

"Investors have started to worry" Why is that? From what i've seen (i live in Brazil) the economy is going from bad to worse, the spending is always growing and there's no intent to reduce that...

The US has so much space by kari0ca in c/[email protected]
[-] [email protected] 3 points 5 months ago

America has more than 3 countries, if i remember well from my geography class

Brazil's economy improves during President Lula's first year back, but a political divide remains by kari0ca in c/[email protected]
Brazil: Lula tightens gun control amid surge in ownership by kari0ca in c/[email protected]
[-] [email protected] 1 points 6 months ago

Now, only the thiefs and robers are allowed to have and carry gins

Brazil: Amazon deforestation drops 34% in first six months under Lula by kari0ca in c/[email protected]
Deforestation in Brazil’s Amazon falls to lowest level since 2017 by kari0ca in c/[email protected]
Old Head by kari0ca in c/[email protected]
[-] [email protected] 11 points 7 months ago

Ah memories from BOFH! I used to read that on the 90s

Coming out of sabbatical to fill the void by kari0ca in c/[email protected]
[-] [email protected] 2 points 7 months ago

Ah! The sabbatical year

BREAKING: Carlos Sainz signed with Audi, supported by Red Bull! by kari0ca in c/[email protected]
[-] [email protected] 2 points 7 months ago

Senior (Carlos Sainz)

92% of the reason why it sucks to be brazilian by kari0ca in c/[email protected]
[-] [email protected] 1 points 9 months ago

E vc tem, faz o L baby

Oooooooooofffffff by kari0ca in c/[email protected]
[-] [email protected] 2 points 10 months ago

Here we go again, another pole for Leclerc

AAL A300 en route from O'Hare to Phoenix by kari0ca in c/[email protected]
[-] [email protected] 1 points 11 months ago

Nice!

10 Worst Aerospace Companies by kari0ca in c/[email protected]
[-] [email protected] 2 points 1 year ago

Hahaha, no soup for you blue origin

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kari0ca

joined 1 year ago