From mid-2014 until late 2016, Brazil experienced a severe economic crisis. The country's Gross Domestic Product fell by 3.5% in 2015 and 3.3% in 2016, after which a small economic recovery began. Tha
January 2016 cover of The Economist magazine about the crisis. The cover depicts then-president Dilma Rousseff.
Guido Mantega, Minister of Finance during the first Dilma government. In July 2012, Mantega admitted for the first time that the government practiced a new "macroeconomic matrix".
Joaquim Levy, Minister responsible for fiscal adjustment, in March 2015
Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is also the world's fifth-largest country by area and the seventh-largest by population, with over 214
2014 Brazilian economic crisis
…From mid-2014 until late 2016, Brazil experienced a severe economic crisis. The country's Gross Domestic Product (GDP) fell by 3.5% in 2015 and 3.3% in 2016, after which a small economic…
Rock art at Serra da Capivara National Park, one of the largest and oldest concentrations of prehistoric sites in the Americas
Pedro Álvares Cabral landing in Porto Seguro in 1500
Ouro Preto was the center of the Brazilian Gold Rush and was designated a World Heritage Site by UNESCO due to its Baroque colonial architecture
Execution of the Punishment of the Whip by Jean-Baptiste Debret. Nearly 5 million enslaved Africans were imported to Brazil during the Atlantic slave trade, more than any other country.