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Gigante to Buy Back $237m in Bonds

Dec 31, 2007

Mexican retailer Grupo Gigante plans to buy back $237.6m of its 8.75%...

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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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