Policies in place to weather the storms
Brazil to gain a new global profile?
Banks trade on their strengths
Profitability holds up – so far
Consolidation to accelerate?
Real economy takes a hit
Petrobras: hope amid the storm
Although Brazil was a latecomer to the global finance crisis, by October concerns were mounting: liquidity in the banking system had almost frozen and analysts were rapidly lowering their growth expectations for 2009. Yet while Brazil has been unable to sidestep many of the problems afflicting global markets, there is a widespread feeling that it is better placed than many emerging markets to weather the storm.
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