Thread: Brazil awarded Investment Rating BBB
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Old 06-06-2008, 05:30 PM
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robh robh is offline
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Originally Posted by Golfingworld View Post
EU suspends Brazil beef imports

BBC NEWS | World | Americas | EU suspends Brazil beef imports

Brazil, which defaulted on its debt in the 1980s and declared a moratorium on debt payments, is riding a boom in demand for key exports such as beef, iron ore and soy.

There are two sides to every story!
Why fail to mention that the suspension which started in January is not affecting the Brazilian economy at all, and also that Brazil paid back it's IMF loans early?
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