HIGHLIGHT

REUTERS Iran Fires Rockets at Iraqi Air Base Hours After Funeral of Slain Commander NEWSWEEK Russia and Syria’s Presidents Meet After U.S. Kills Iranian General that Fought Their War CNBC Boeing 737 Passenger Plane Crashes in Iran Killing All Aboard BLOOMBERG Europe’s Factories Headed Into 2020 With Less Hope for Jobs

Saturday, August 29, 2015

POLITIC AND ECONOMY

Brazil Economy Went into Worse Recession.

Brazil economy contracted 1.9 percent in the second quarter. Household consumption hits the worst since 2001 fell 2.1 percent and investment dropped 8.1 percent started in 1996. President Dilma Rousseff was unsuccessful with his plan to cut spending and raise taxes to drive business and consumer confidence amid scandal and coalition fragmented. Credit rating agencies is to lower grade to near-junk status if there is no improvement in the economy performance (PE01/RU/29/August/15) 



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