{"id":39986,"date":"2011-11-28T13:43:00","date_gmt":"2011-11-28T15:43:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/growth-in-brazil-and-recession-in-europe\/"},"modified":"2019-06-30T13:23:47","modified_gmt":"2019-06-30T16:23:47","slug":"growth-in-brazil-and-recession-in-europe","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/growth-in-brazil-and-recession-in-europe\/","title":{"rendered":"Growth in Brazil and recession in Europe"},"content":{"rendered":"<p>Bras\u00edlia \u2013 The Organisation for Economic Co-operation and Development (OECD) promoted on Monday (28) its forecast for global growth, after warning that Great Britain and the Euro Zone may be entering a period of recession.<\/p>\n<p> According to the OECD, which represents the developed nations, Great Britain should grow just 0.02% in the last quarter of this year and 0.14% in the first quarter of 2012, whereas the forecast for the Euro Zone is for 1% retraction in last quarter of this year and 0.4% in the first quarter of 2012.<\/p>\n<p> The organisation also warned that a &quot;negative event\u201d in the Euro Zone (like disintegration of the single currency) may cause global contraction.<\/p>\n<p> According to the report, Brazil, which is not part of the OECD, should grow 3.4% this year and 3.2% next year \u2013 below the forecast for the global economy, which this year is 3.8% and 3.4% in 2012.<\/p>\n<p> The Central Bank estimate for growth of the economy (Gross Domestic Product) dropped from 3.16% to 3.1%. For 2012, the forecasted growth dropped from 3.5% to 3.46%.<\/p>\n<p> <b>*Translated by Mark Ament<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Organisation for Economic Co-operation and Development warned that the euro zone may be entering a recession. Brazil should grow 3.4% this year, according to the organisation.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-39986","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Organisation for Economic Co-operation and Development warned that the euro zone may be entering a recession. Brazil should grow 3.4% this year, according to the organisation.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/39986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=39986"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/39986\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=39986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=39986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=39986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}