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LAN-TAM Nears Final Step

May 11, 2012

Chile’s LAN has launched a public share exchange offer for Brazilian TAM's shares, it says, in a final step to...

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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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