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Japanese Insurer Adds in Brazil

Jan 28, 2013

NKSJ has increased its stake in Brazil's Martima Seguros, it says, at a cost of BRL200m ($98m)....

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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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