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Rio Hosts the World Economic Forum

By Doug Gray, Contributing Reporter

RIO DE JANEIRO - The World Economic Forum on Latin America closed on Thursday after a three-day meeting of some 500 of the world’s most prominent political, social and economic leaders, ending with positive signs for the future of Brazilian commerce.

President Lula opened proceedings at the Inter Continental Hotel in Rio on Tuesday with an impassioned speech in support of a new model of ethical Globalization that should “put people first”.

Prioritizing the creation of jobs and comparing protectionism to “a drug that offers immediate relief, but soon brings about a prolonged depression . . .

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