Brazil in the news last week:
> Mercopress: Brazilian economy at its best in 25 years
> Bloomberg: Brazil Bovespa's gain is Most in Four Years
> Bloomberg: Brazil's GDP-to-debt ratio falls to lowest since 1998
> Mercopress: Record investlments boost Brazilian growth to 5,2% in 2007
More worrying is that Brazil won't see a tax reform any time soon; something which is very much needed for making these announcements future proof.
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Jan 9 2008
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