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CSN Unveils Minas Investment

Dec 20, 2007

Brazil's CSN has signed a letter of intent with the Minas Gerais state government for investments of around BRL9.5bn over the next six years, including projects in mining, steel...

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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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