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By Anna Kaiser, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian government announced yesterday that it will zero the IOF tax (Tax on Financial Transactions), in an effort to protect the weakening real in response to the strengthening dollar....
By Laura Madden, Contributing Reporter RIO DE JANEIRO, BRAZIL - Non-financial businesses in Brazil recorded a combined financial loss of R$15.3 billion last year. That's R$11 billion more than the previous year's R$4 billion. In the second half of last...
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