Flood Crisis in Rio Grande do Sul Threatens Brazil’s Economic Stability

In Rio Grande do Sul, a state pivotal to Brazil’s economy, catastrophic floods are unraveling years of progress. This region, responsible for 6.5% of the nation’s GDP, faced unexpected heavy rains. These rains have derailed forecasts and dampened economic hopes. Originally projected to grow by 2.9% in 2024, the state’s economy now grapples with an […]