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CART Hits the Road

Nov 13, 2012

Toll road operator Concessionaria Auto Raposo Tavares (CART) has started investor meetings for a planned BRL750m ($371m) domestic bond, according to regulatory...

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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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