http://www.iht.com/articles/ap/2008/...l-Meltdown.php
The top executive of Brazil's state-owned development bank on Friday said the current world financial crisis could prove more severe than the Great Depression of the 1930s, Brazilian media reported.
JP Morgan Chase & Co. reduced its 2009 forecast for Brazilian gross domestic product to 3.2 percent, from 3.8 percent, analysts said in research note Friday.