Stimulus, Latin Style

Brazil has announced a $60 billion stimulus package.


Brazil's government has unveiled the first phase of a major economic stimulus package designed to boost growth in the flagging economy.

More than $60bn (£38bn) will be invested in the country's roads and railways over the next 25 years, with more than half in the next five years.

This includes 8,000 kilometres of new roads and 8,000kms of railways.