VOICED : OCDE reduce prediccion de crecimiento para Brasil

The OECD predicts Brazil's GDP will contract by 2.8% in 2015 and 0.7% in 2016, worsening from earlier estimates. The Brazilian government and markets foresee similar or worse declines. Brazil faces a recession, high inflation, and a political crisis with low presidential approval. S&P downgraded Brazil's credit rating, expecting a 2.5% GDP contraction in 2015 and 0.5% in 2016, with modest growth resuming in 2017.

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