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Global economy faces sharp slowdown


With the trade war between China and the US still raging on, the global economy continues to be the primary victim, facing a slowdown and affecting the rest of the world. However, some countries are doing their best to face the challenges posed ahead. One of these countries being Brazil. Roberto Campos Neto remains optimistic that Brazil’s economy will improve in the second half. It will be interesting to see if what Campos Neto says will come true and whether other countries will be able to bounce back from this as well in South America. The pension fund reforms that the Senate will vote on in 60 days is one of the major factors for this optimism, enabling Brazil to address its domestic debt problem at last.

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