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Arcelor Adds Argentine Steel Company

Dec 12, 2007

Steelmaker ArcelorMittal dropped another South American firm in its shopping cart, agreeing to acquire Argentina's...

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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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