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GE Increases Brazil Sales Forecast

Aug 10, 2005

General Electric increased its 2005 sales forecast in Brazil from $1.2 billion to $1.5 billion...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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