Published: 23 Aug 2014 - 10:57 pm | Last Updated: 21 Jan 2022 - 02:56 pm
New cars are parked at a stock area of the Volkswagen German automaker plant in Sao Bernardo do Campo. Many of Brazil’s biggest retailers, home-builders and carmakers are cutting jobs as Latin America’s largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff’s re-election bid.
