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LatinNews Daily - 17 December 2020

BRAZIL: OECD warns of another ‘lost decade’

On 16 December, the Organisation for Economic Co-operation and Development (OECD) published an economic survey of Brazil, in which it warns that the South American country could face “a protracted recession like the ‘lost decade’ of the 1980s” if it does not bring spending under control.  

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