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Fitch Lowers VCP

Feb 3, 2009

Fitch has downgraded its credit ratings for Votorantim Celulose e Papel (VCP) to BB+ from BBB minus, it says. The Brazilian pulp and paper producer...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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