August 2, 2009

Brazil's growing middle class powers country's economic rebound

Brazil is beginning to pull out of an economic dive triggered by the global financial crisis, but it's not the country's vaunted soybean, meat and iron ore exports that are powering the turnaround of the world's ninth-largest economy. Instead, more than 20 million Brazilians who've joined the consumer economy in recent years and now have money to spend are playing a key role in Brazil's recovery.

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