Brazil’s President, Luiz Inacio Lula da Silva, indicated his intention to persuade the U.S. government, led by Joe Biden, to consider investments in Brazil rather than directing funds toward international conflicts. This was voiced while introducing his key initiative, the Growth Acceleration Program (PAC), which aims to amass US$340 billion over the coming years. Combining […]
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From Brazil to India: Emerging Economies Charting the Future of Global Economy
Emerging markets, including powerhouses like Brazil, India, and Indonesia, are increasingly central to the global economy’s dynamics. A detailed analysis by the International Monetary Fund (IMF) revealed that the G20’s emerging economies have significantly upped their ante in world trade. Since 2001, they have doubled their share and now represent a third of global GDP. […]
