RIO DE JANEIRO (AP) — The bottom seems to have fallen out of Brazil's economy, with the government reporting Friday that the gross domestic product plunged 1.9 percent in the second quarter alone, once again throwing the nation into a technical recession.It's more bad news for President Dilma Rousseff, who is fighting for her political life.
Brazil Recession: Gdp Plunges 1.9 Percent In Second Quarter
Brad Brooks, Business Insider
Fri, 08/28/2015 - 5:09pm
Topics: i know that we rio de janeiro ap the president dilma rousseff capital economics latin american china world suddenly gdp ibge stan lehman paulo follow brad brooks twitter brazil brazilians bank petrobras recession percent quarter government inflation biggest economy firms drop construction friday spending credit nation years reported fell domestic complete report sector scandal massive spree private nations forecast
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