Claudio Considera News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Brazil's economy plummets in Covid's shadow CNN 1 hr ago Analysis by Marcia Reverdosa, Rodrigo Pedroso and Fernanda Wenzel, CNN © Mario Tama/Getty Images A Brazilian receives his Covid-19 vaccination at a health center in Nova Iguacu this week. Covid-19 has now killed more than 1 million people in Latin America and the Caribbean, with nearly half of those deaths in Brazil. The Covid-19 crisis has claimed over 450,000 lives in Brazil, and wrecked the livelihoods of so many more. Brazilians are facing one of the worst economic recessions in the country's history. Millions r...

RIO DE JANEIRO, BRAZIL - Brazil will post the worst economic performance among the world's 10 largest economies, using the Purchasing Power Parity (PPP) criterion, which reflects the differences in cost of living among countries. This is shown in a study commissioned by the report by economists Claudio Considera and Juliana Trece, from FGV Ibre (Brazilian Institute of Economics of the Getúlio Vargas Foundation), based on IMF (International Monetary Fund) data and projections released in April. When considering the size of world economies based on PPP, Brazil should retain the 8th position in...