The Brazilian economy is in a recession as the country grapples with high interest rates and inflation.
The downturn comes as Brazil is losing momentum as it tries to recover from the COVID-19 pandemic. Economists say the government has limited tools to fight it.
CGTN’s Paulo Cabral reports from São Paulo.
Check out The China Report, our new weekly newsletter. Subscribe here!
Copyright © 2020 CGTN. Beijing ICP prepared NO.16065310-3