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Moody’s to Review JBS

Dec 12, 2007

Moody's has placed Brazilian meat producer JBS under review for possible downgrade, following concerns about the company's fast-paced acquisition strategy while...

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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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