Brazil

    Brazil’s economic growth has slowed down as the government eased back on the stimulus and local businesses reached their production limits, the Wall Street Journal says, citing official government figures. The country’s economy is still expanding but not at the high rates of up to 7.5 percent in 2010, the newspaper says.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.