Brazil Brazil. However, the decentralized and unorganized tendencies of the captaincy colonies proved problematic, and in 1549 the Portuguese king restructured them into the Governorate General of Brazil, a single and centralized Portuguese colony in South America. In the first two centuries of colonization, Indigenous and European groups lived in constant war, establishing opportunistic alliances in order to gain advantages against each other. By the mid-16th century, cane sugar had become Brazil's most important export, and slaves purchased in Sub-Saharan Africa, in the slave market of Western Africa (not only those from Portuguese allies of their colonies in Angola and Mozambique),
Uruguay and the International Monetary Fund that an economic downturn in neighbouring countries Argentina and Brazil, as well as a slowdown in China, are contributing factors to Uruguay's slowed economic growth. Despite this, Uruguay's heavy utilization of IMF credit has been heavily correlated with its lasting stability in the South American region. Additionally, Uruguay has been able to keep pace with, or in some cases outperform, the GDP growth rate of neighbouring countries: Brazil and Argentina. IMF chief Christine Lagarde warns of 'dark future' over climate change Uruguay and the International Monetary Fund The relationship between Uruguay and the International Monetary Fund (IMF) began when Uruguay