Topic Reading-Vol.421-6/6/2013

Dear MEL School’s Topic Readers,

Brazil's middle-class boom -- but are they tempting a bust?

This nearly 200 year-old country has the 5^th largest land space and population seems to be enjoying robust economy driven by surging consumer spending that comes from all income levels. As a result, the Latin America’s largest economy marked sixth largest GDP last year after the US, China, Japan, Germany and France, but surpassed the U.K.

Enjoy reading and learning about the booming economy and consumer spending in the host country of the next Olympic Games. 

http://edition.cnn.com/2013/05/30/business/brazil-middle-class-boom/index.html?hpt=hp_c3