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By Ben Tavener, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The 2012 growth forecast for the Brazilian economy has been cut for the third consecutive week by market analysts, falling dramatically from the previous estimate of 1.5 percent to just 1.27 percent. The news comes after disappointing figures for the third quarter of 2012, released a week earlier by the IBGE, Brazil's national office of statistics.

With only 0.6 percent growth on the previous quarter, the . . .

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