August 5-21 – The 2016 Summer Olympics are held in Rio de Janeiro, Brazil. August 10 – The Federal Senate votes 59 to 21 to indict suspended President Dilma Rousseff on charges of breaking budget laws and put her on trial. August 25 – Brazil ‘s Federal Senate begins the impeachment trial of suspended President Dilma Rousseff.
What happened to the Brazilian economy in 2017?
2017 saw the beginning of a slow recovery in Brazil’s economic activity, with 1.1% of GDP growth in 2017 and 2018 – largely because of a weak labor market, investments deferred by uncertainties about the elections and the truckers’ general strike, which brought economic activities to a halt in May of 2018.
How much did Brazil’s fiscal stimulus package cost 2020?
The cost of this package was estimated at BRL 815.5 billion (US$156.8 billion), or 11.4 percent of GDP in 2020. The large fiscal stimulus limited the annual contraction in 2020 to 4.1 percent.
Will covid-19 pandemic dim the Philippines’ economic prospects in 2020?
The Philippines has one of the most vibrant economies in the East Asia Pacific region, growing at 6.2% in 2018 and 5.9% in 2019. The COVID-19 pandemic, however, dims the country’s growth prospects in 2020. Timely measures are important to cushion against the health and economic shocks and protect the most vulnerable people.
Is Brazil a global player with a global agenda?
A string of recent events indicates that Amazonian deforestation and violence against environmental activists are on the rise With its growing economy — now the world’s eighth largest — and vast resources, Brazil has become a major global power. Yet it still is not viewed as a ‘global player with a global agenda’
Will Brazil’s president undergo surgery in Sao Paolo?
The Brazilian president is undergoing tests and may need emergency surgery in Sao Paolo. Read more about these links. Brazil has the second highest Covid death toll in the world, with pressure growing on its leader. Read more about these links.
