While manufacturing, construction, and utilities drove unexpected. First of all, the economy, with prohibitive interest rates on investments and significant tax pressure on companies Then there is the geopolitical factor, given the lack of dynamism in south america and the small number of trade agreements signed by mercosur. Following rapid economic growth in the years preceding the recent global financial crisis, brazil was in a strong position to weather the great recession Both the commodity price cycle and abundant capital inflows played a role in this improved economic performance. “we aim to increase our research and exploration of critical minerals, because that is all anyone talks about now—and we believe brazil cannot afford to miss any opportunity,” lula said.
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