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Brazil port's boom-to-bust story shows snapshot of an almost superpower

Wednesday, July 29, 2015 - 05:50

Santos Port, which benefited from the commodities supercycle boom and the government spending it afforded, is feeling the blow of a graft scam at Petrobras and Brazil's worst recession in 25 years.


SANTOS Port has always been known as Brazil's gateway to the world. Now, it's also a window into what went wrong in Latin America's biggest economy.

Exports from Santos have tumbled as demand from China sags. Companies betting on a boon as massive offshore oil finds were

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