Brazil Financial Crisis

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  In Crisis-Struck Rio, Police Need Donated Toilet Paper

  Maria Thereza Sombra may rely on Rio de Janeiro's police to keep her safe -- but in the grip of financial crisis they rely on the 82-year-old to supply them with toilet paper.

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  IMF Outlines Three-Pronged Approach To Avert Recession Risks

  Lagarde said activity in emerging economies, which have contributed the bulk of global growth since the crisis, continues to cool as a result of deep recessions in Brazil and Russia, modest recoveries in advanced economies, exposure to China's rebalancing, and tightening financial conditions.

• WEF 2014: BRICS on rebound mode, India to clock steady GDP in next 3 years

  The global financial crisis, had hit the BRICS economies - Brazil, Russia, India, China and South Africa, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years.

• WEF 2014: BRICS on rebound mode, India to clock steady GDP in next 3 years

  The global financial crisis, had hit the BRICS economies - Brazil, Russia, India, China and South Africa, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years.

• BRICS to set up development bank, create $100 billion contingency reserve

  BRICS nations decided on Wednesday to establish a new development bank to finance infrastructure and to create a $100 billion Contingency Reserve Arrangement to tackle any financial crisis in the emerging economies.

• India announces $10 billion for debt-wracked eurozone

  India today announced a $10 billion contribution to the IMF's additional $430 billion financial firewall to help the debt-wracked 17-nation Eurozone