Brazil’s recession worst on record

Brazil has been in recession for two years, the latest figures show, marking the deepest economic decline since records began.
The economy contracted by 3.6% in 2016, meaning it is now 8% smaller than it was in December 2014.
The country has been hard hit by the fall in commodity prices and an internal political crisis that has undermined investor confidence.
However, analysts believe the economy should start to pick up from here.
The two-year slump has seen the number of unemployed rise by 76% to 12.9 million, a rate of 12.6%.

This post was published at BBC