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Along with the problem of poverty, Brazil is among the ten most unequal countries in the world, according to the Institute of Applied Economic Research (Ipea) of Brazil. Brazil has 0.539 by the Gini index, based on 2018 data. It is among the ten most unequal countries in the world, being the only Latin American in the list where Africans appear.
This was a consequence of the Panic of 1873, which affected Brazil two years later. The crisis was marked by a large deficit in Brazil's public finances, and the government removed 20 percent of the country's money supply from circulation. It was revived by a drought in the Northeast Region two years later. [4] External Encilhamento
Brazil’s major and medium size metropolitan areas face increasing problems of water pollution. Coastal cities such as Rio de Janeiro and Recife suffer effects of upstream residential and industrial sewage contaminating feeder rivers, lakes, and the ocean.
An external cause identified was the slowdown of the Chinese economy, Brazil's largest trading partner. [9] This slowdown led to a sharp drop in commodity prices, which are the basis of Brazilian exports. As a result, Brazil's trade surplus plummeted and some exporting companies, such as Usiminas and Vale, suffered heavy losses.
Countries across Latin America and beyond have received a growing number of Venezuelans fleeing economic hardship and crime. Venezuelan migrants pose humanitarian problem in Brazil Skip to main ...
The 163 Chinese workers found by Brazil's labor ministry in what it described as "slavery-like conditions" at a factory construction site owned by Chinese electric vehicle producer BYD have been ...
Brazil is the most biodiverse country in the world, an invaluable wealth that is at great risk and is suffering continuous losses. [63] Jair Bolsonaro has said that foreigners should stop complaining about fires in the Amazon, [64] [65] and the country's environmental policies and in 2020 accused them of a "brutal disinformation campaign."
SAO PAULO (Reuters) -Two of the largest sugar and ethanol producers in Brazil late on Monday disclosed initial estimates of damages from fires that have burned sugarcane fields in the country's ...