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Business
- General Environment
Globally, it seems that Brazil is in a recession, its economy has contracted in the last 6 months. Eurozone is very close to a recession and the outlook looks very pessimistic. However, there are also certain positive indicators that could help stay recession for a while. They include indicators like trade surplus, lower Euro, lower levels of unemployment, easier lending standards and banks eager to lend. Faltering growth worldwide, increasing geopolitical risks, are pushing the US growth rates southwards. As the dollar inched way up north the commodity prices have ...