Cracking the Brazil nuts

Article Abstract:

Brazil has been affected by capital flight, though a rise in interest rates and some signs of recovered in world markets have eased the pressure on Brazil. There is concern that if Brazil is hit by currency devaluation, other Latin American countries could follow. Aid will be provided by the International Monetary Fund (IMF) to help strengthen the country's reserves. Brazil has developed an austerity package of increases in taxes and cuts in spending, with the IMF, to qualify for this aid.

International Monetary Fund, International relations, Brazilian foreign relations

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Inactive workers, inactive Congress: Brazil

Article Abstract:

Brazil's current pension system is riddled with abuses and is the greatest threat to the country's fiscal health. The government has proposed modest pension reforms, but the Senate has been sitting on the bill for the past year.

Pensions

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