Brazil's economy has stalled in the last few years, despite huge investment in the upcoming World Cup. Its GDP has shrunk from a hefty 7.5 percent in 2010 to just under 1 percent in 2012.
Going by growth forecasts, this is a pretty good time for the world economy. Yet a new report warns of big risks, some of which are already coming to bear through US trade policy and stock market jitters.
Argentina and Mexico are important trading partners for Germany - all the more so as Chancellor Angela Merkel heads to Latin America in search of allies against US President Donald Trump's protectionist leanings.
Countries across the world have urged Washington to exempt them from the steep tariffs on steel and aluminum, with the EU warning it would retaliate if hit. Chinese steelmakers urged Beijing to target US coal.
As the crisis in Venezuela worsens, Cuba continues to throw its support behind the government in Caracas. How much influence does Havana hold over President Nicolas Maduro?
© 2018 Deutsche Welle |
Legal notice |
| Mobile version