World

November 9, 2008 2:07 PM

World impact: Economic crisis hits Brazilian consumers

For the past two years, rainy Saturdays meant a steady stream of customers to a Renault auto dealership in this seaside city as Rio residents eschewed the beach to open up their wallets during the good economic times. With the financial implosion that began in the United States spreading to Brazil, a three-year economic boom has come to an end.

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