本帖最后由 choi 于 9-7-2017 11:27 编辑
David Miller, Gabriel Shinohara and Raymond Colitt, Brazil's Great Leap Backward. Bloomberg BusinessWeek , Aug 28, 2017.
https://www.bloomberg.com/news/a ... f-an-epic-recession
Quote (print):
"Brazil's economy grew 7.5 percent in 2010, the fastest in more than a decade; it shrank by virtually the same amount in each of the last two years. Unemployment hovers at about 13 percent, gross domestic product per capita fell to 2009 levels last year, and the budget deficit is around 10 percent of GDP. It is a painful reversal of fortune for one of the founding members (along with Russia, India, and China) of the BRIC club of emerging markets
"throughout the 2000s * * * soaring prices for soybeans, coffee and sugar tripled exports, swelling government coffers. Then-President Luiz Inacio Lula da Silva was showered with international praise [similar to Russia's Putin riding on high oil prices of that decade, all as a result of China's commodity binge]
Note:
(a) summary underneath the title in print: Corruption, scandal, and recession have wiped out years of social and economic gains
(b) The online and print versions are close enough. For instance, sentence 1:
(i) online: "The rise in street beggars and decaying infrastructure are [should be 'is'] perhaps the most obvious symptoms of Brazil's economic and political meltdown."
(ii) in print:"The proliferation of street beggars and potholes is perhaps the most obvious symptoms of Brazil's economic and political meltdown."
(c) There is no need to read the rest.
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