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    http://www.cnbc.com/2016/02/18/reute...n-deepens.html

    Coupled with record deficits
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    (Original post by Mathemagicien)
    http://www.cnbc.com/2016/02/18/reute...n-deepens.html

    Coupled with record deficits
    Brazil is dependent on commodity production like Russia and thus have been heavily impacted by the fall in commodity prices over the last 18 months.
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    (Original post by Rakas21)
    Brazil is dependent on commodity production like Russia and thus have been heavily impacted by the fall in commodity prices over the last 18 months.
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    (Original post by paul514)
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    (Original post by Rakas21)
    Brazil is dependent on commodity production like Russia and thus have been heavily impacted by the fall in commodity prices over the last 18 months.
    Its more complicated than that - there are lots of commodity dependant nations that still grew in 2015. Commodity dependant nations such as Brazil are also moving away from commodity dependence, and you would normally expect to see them grow due to domestic demand
 
 
 
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