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Smaller IPOs Struggle

Oct 24, 2007

Helbor Empreendimentos, a small Brazilian real estate developer, and Agrenco, an offshore-based agriculture company, were slated to price IPOs late Tuesday. Things were looking far from rosy – in stark contrast to the...

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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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