Thursday, March 03, 2005

Brazil's Economic Growth at 10 Year High

In 2004 Brazil's gross domestic product grew by 5.1%, according to estimates by 11 economists at the Wall Street Journal. Many Brazilians praise the policies of President Luiz Inacio Lula da Silva's government for the robust upswing in the economy. Compared to 2003, when GDP rose by only 0.5%, prospects for 2005 look bright. Brazil is South America's largest economy.

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