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Showing posts with label South American economy. Show all posts
Showing posts with label South American economy. Show all posts

Saturday, June 2, 2012

Brazil Flexes Strong Arm to Reverse Slowdown

BRASILIA—Brazilian Finance Minister Guido Mantega vowed that a weaker currency, more government-backed lending and other stimulus measures will reactivate the once high-flying South American economy, whose recent stagnation has prompted some economists to predict an era of modest growth.