Lolita Morinigo says sales have declined by 40 percent at her two clothing stores in Rio de Janeiro, as Brazil plunges headlong into recession. But Morinigo is optimistic that Brazil's economy will turnaround soon.
Lolita Morinigo says sales have declined by 40 percent at her two clothing stores in Rio de Janeiro, as Brazil plunges headlong into recession. But Morinigo is optimistic that Brazil's economy will turnaround soon. Tyler Bridges / MCT
Lolita Morinigo says sales have declined by 40 percent at her two clothing stores in Rio de Janeiro, as Brazil plunges headlong into recession. But Morinigo is optimistic that Brazil's economy will turnaround soon. Tyler Bridges / MCT

Brazil confident that this time, it can weather economic crisis

March 31, 2009 04:15 PM

UPDATED September 18, 2013 06:47 PM

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