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Lojas Americanas Gets BNDES Cash

Sep 6, 2011

Brazilian retailer Lojas Americanas has agreed to sell BRL293m ($178m) in 2017 convertible debentures...

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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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