Official Data Indicates Brazil Economy Grew 2.9% in 2023 March 1, 2024
Introduction:
(Buenos Aires Times) The Brazilian economy expanded 2.9 percent in 2023 after a fourth quarter of zero growth, according to data released Friday by the IBGE national statistics agency.
The gross domestic product growth of Latin America's largest economy was slightly lower than the 3.0 percent for 2022, according to revised figures.
Growth over the past year was driven mainly by the agricultural sector, which surged by 15.1 percent, the industrial sector (1.6 percent), and services (2.4 percent).
Financial institutions and consulting firms had projected growth of about 0.1 percent in the final three months of 2023, and 3.0 percent for the full year, according to business daily Valor Econômico.
For 2024 the market anticipates gross domestic product growth of 1.75 percent, according to the last survey by the central bank.
Court Documents Allege Brazil’s Ex-president Bolsonaro Presented Coup Plot to Military Leaders by Kareem El Damanhoury and Julia Vargas
March 16, 2024
Introduction:
(CNN) São Paulo, Brazil —
Former President Jair Bolsonaro presented top Brazilian military leaders with a plan to stage a coup after he lost the 2022 election, newly released court documents have alleged.
The country’s Supreme Court released the testimonies from former army commander Marco Antonio Freire Gomes and former air force commander Carlos de Almeida Baptista Jr. to the Brazilian Federal Police on Friday.
Bolsonaro allegedly presented the plan in a meeting on December 7, 2022, at the presidential palace in Brasilia.
In their testimonies, both Gomes and Baptista Jr. said they refused to carry out Bolsonaro’s alleged plan to stay in power and threatened to arrest him, documents show.
