The Japan Times
International · 3 hrs ago
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Drowning in debt, 8 million firms miss payments in Brazil
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Brazil is experiencing widespread debt distress with approximately 8 million firms falling behind on payments, disproportionately affecting small businesses that contribute nearly 30% of the nation's economy.
Drowning in debt, 8 million firms miss payments in Brazil
Much of the pain has fallen on smaller companies, a group that powers almost 30% of Latin America's largest economy.
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