According to Official Data from the World Bank, Brazil Grew More Than China for the First Time in Over 42 Years

Written by Bruno Teles

Published on 03/02/2023 at 10:35

Brasil cresceu ainda mais que a China (Foto/divulgação)

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The Official World Bank Data for Economic Performance in 2022 Is Out, and Here It Is: Brazil Grew More Than China for the First Time in Over 42 Years.

Paulo Guedes, the former minister, had already said this about the Brazilian economy in the middle of last year. His statement was met with a wave of indignation from leftist economists and analysts from major banks. They were all convinced that Brazil would not grow at all.

It is also worth noting that, in any case, the World Bank numbers put another nail in the coffin of the eternal excuses of the new president regarding the “cursed legacy” of his predecessor.

In reality, the new president received a country very well organized, from an economic point of view, when considering all the global circumstances and the devastating effects of two years of the Covid-19 pandemic. Inflation, below 6% per year, is even lower than in Europe and the United States. The unemployment rate in 2022 fell to about 8% – considered the best rate since 2014. International reserves above US$ 320 billion. Not to mention the poverty rates at the lowest levels in the last twenty years, according to the same World Bank.

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Brazil Will Grow More Than China, Says Paulo Guedes

Where is the “cursed legacy”? The cursed legacy, in reality, was the government left before the former president – an economy in ruins, with the largest recession the country has ever experienced in its history.

These real numbers will not disappear just because the new president invents a situation that does not exist. The Brazilian population will still have the opportunity to see for themselves what the new president has to present to the world.

According to Official Data from the World Bank, Brazil Grew More Than China for the First Time in Over 42 Years

The Official World Bank Data for Economic Performance in 2022 Is Out, and Here It Is: Brazil Grew More Than China for the First Time in Over 42 Years.

Brazil Will Grow More Than China, Says Paulo Guedes

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Turkey hit a target using a real warhead and confirmed that its SOM-J cruise missile is ready, another step for the country to become a power that manufactures and exports its own military technology.

While the United States and China compete over giant rockets and lunar bases, India made a “spaceplane” land on its own at over 320 km/h after being released by a helicopter at an altitude of 4.5 km; Pushpak shows that New Delhi also wants to enter the era of reusable space vehicles.

Japan and Mercosur may reach an agreement to lower the cost of cars and auto parts, with manufacturers like Toyota, Honda, and Nissan coming into focus.

Volkswagen is preparing an SUV derived from the new Amarok to compete with the Toyota SW4 and Haval H9, utilize the Argentine Pacheco factory, and transform a pickup into a more profitable family of products.

Virginia engineers transform 100,000 tons of demolished concrete from the Hampton Roads bridge into artificial reefs in the Chesapeake Bay, turning the debris from a mega-construction project into marine shelter while the old structure was still being dismantled.

According to Official Data from the World Bank, Brazil Grew More Than China for the First Time in Over 42 Years

The Official World Bank Data for Economic Performance in 2022 Is Out, and Here It Is: Brazil Grew More Than China for the First Time in Over 42 Years.

Brazil Will Grow More Than China, Says Paulo Guedes

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Japan and Mercosur may reach an agreement to lower the cost of cars and auto parts, with manufacturers like Toyota, Honda, and Nissan coming into focus.

From an artificial island in the Gulf, Abu Dhabi’s oil company drilled more than fifteen kilometers horizontally and earned the title of the longest well ever drilled in the world.

On the coast of Guyana, neighboring Brazil, ExxonMobil has begun drilling oil wells with an automated system that practically removes human hands from controlling the drill.

Brazilians create cashierless mini-market in the USA, use AI to define products and prices, raise R$ 10 million, and achieve financial balance in the first month before planning nine more units in Miami by the end of 2026.

BNDES opens billion-dollar credit of up to R$ 50 million per client for the purchase of trucks, buses, and equipment and promises to accelerate the renewal of the heavy fleet on Brazilian roads.

Turkey hit a target using a real warhead and confirmed that its SOM-J cruise missile is ready, another step for the country to become a power that manufactures and exports its own military technology.

While the United States and China compete over giant rockets and lunar bases, India made a “spaceplane” land on its own at over 320 km/h after being released by a helicopter at an altitude of 4.5 km; Pushpak shows that New Delhi also wants to enter the era of reusable space vehicles.

Japan and Mercosur may reach an agreement to lower the cost of cars and auto parts, with manufacturers like Toyota, Honda, and Nissan coming into focus.

Volkswagen is preparing an SUV derived from the new Amarok to compete with the Toyota SW4 and Haval H9, utilize the Argentine Pacheco factory, and transform a pickup into a more profitable family of products.

Virginia engineers transform 100,000 tons of demolished concrete from the Hampton Roads bridge into artificial reefs in the Chesapeake Bay, turning the debris from a mega-construction project into marine shelter while the old structure was still being dismantled.