joblessness in europe

Brazil and Mexico Come to the Aid of a Flailing Europe

Louis Nevaer

With no end in sight to Europe’s financial strains, countries in Latin America are looking on as their one-time colonizers struggle to keep popular unrest over unemployment and austerity measures at bay. Many see signs of a historical shift in the trans-Atlantic power dynamic. Some, notably Mexico and Brazil, see opportunity. In early March, hundreds of thousands of Portuguese marched from Lisbon to the city of Oporto in protest over slashed budgets. 

 

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