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Vale to Replace CFO in Management Reshuffle

Nov 23, 2011

Months after its CEO was forced out, Brazil's Vale is proposing additional high-level management changes, including the replacement of its CFO. Tito Martins, executive director of base metals, is to replace CFO Guilherme Cavalcante, who has been in this...

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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."

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