Brazil's economy enters recession
Official figures released by the Brazilian government show that the country's economy has entered recession.
The data indicated that Brazil’s economy contracted nearly two percent between April and June compared with the previous quarter. The country’s economy has also shrunk by two-point-six percent compared with a year earlier. Meanwhile, household spending and the industrial sectors have fallen while unemployment and taxes have risen. Two quarters of economic contraction in a row is technically tantamount to plunging into recession. Brazil is the world’s seventh largest economy. But it has been adversely affected by corruption scandals and falling commodity prices.
Tehran, Rome sign deals to boost economic cooperation
WFP warns of dire food situation in Iraq’s Fallujah
Paris becomes scene of mass anti-govt. labor sit-in
VIDEO | Iran’s top universities offer free tuition to expelled US student protesters
VIDEO | Press TV’s news headlines
VIDEO | Grossi calls for further Iran-IAEA cooperation
VIDEO | Putin sworn in as Russian president for 5th term
VIDEO | Syria holds conference on solidarity with Gaza, global youth awakening
VIDEO | Oxford, Cambridge join Palestine solidarity encampments
Egyptian group kills 'Israeli agent' in Alexandria
Iraq resistance strikes in Israeli port city
This makes it easy to access the Press TV website
