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Fitch Lowers LatAm Units of Spanish Banks

Jun 14, 2012

Following downgrades of the Spanish parents, Fitch has taken action on certain LatAm Subsidiaries of BBVA and Santander,...

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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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