ABC News – by BRAD BROOKS Associated Press
Brazil’s formerly high-flying economy, once the darling of emerging markets, has fallen into recession, according to government data released Friday, as a legion of newly minted middle class citizens tightened their belts and halted a credit-driven spending spree.
The government’s statistics bureau reported that gross domestic product dropped 0.6 percent in the second quarter, in large part because of soft consumer spending. First-quarter results also were revised downward from 0.2 percent growth to a 0.2 percent drop, showing a two-quarter slide that most economists use to define a recession. Continue reading “BRIC Wall: Brazil’s Economy Slips Into a Recession”

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Washington Examiner – by Paul Bedard
Wall Street Journal – by Henry Kissinger
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Business Insider – by Reuters and Brett Logiurato
Sally Burnett, 26, a resident of San Diego, was visiting her in-laws and, while there, went to a nearby supermarket to pick up some groceries.
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Guns Save Lives – by Dan Cannon
Guns Save Lives – by Dan Cannon
Chicago Sun Times – by Jordon Owen
The Sleuth Journal – by Jordan Resnick, Conscious Reporter