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As Brazil sinks further into crisis, other BRICS better watch out

The country is stuck in the "middle-income trap"

By George Magnus  

Brazil's President Dilma Rousseff blows a kiss to supporters after visiting former President Luiz Inacio Lula da Silva, at his residence in Sao Bernardo do Campo, in the greater Sao Paulo area, Brazil, Saturday, March 5, 2016. Brazilian police hauled in the former president for questioning in a sprawling corruption case centered on the Petrobras oil company that has already ensnared some of the country’s top lawmakers and richest and most powerful businessmen. Silva reacted with indignation, saying the Petrobras corruption case has become a political witch hunt targeting him and his governing Workers' Party. (AP Photo/Andre Penner)

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