A financial crisis that began when the U.S. housing bubble popped has engulfed countries large and small around the world.
Partial view of a Petrobras off-shore oil platform in Angra dos Reis, 180 km south of Rio de Janeiro.
Gallon of gas: $5.83
Interest Rates: 13.75%
Sinking crude prices are a tremendous blow to this oil-driven economy. The stock market is also suffering huge losses, dragged down by the country's oil giant Petrobras. Meanwhile, Brazil's real is down 35% against the dollar, since oil set a record high in July.
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Sources: IMF, national statistics offices, central banks, stock exchanges, AIRINC