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By Sibel Tinar, Contributing Reporter

RIO DE JANEIRO – The Banco Central do Brasil announced last week that it has raised its forecast for the country's GDP (Gross Domestic Product) growth from 5.8 percent to 7.3 percent for this year, indicating the fastest expansion of the Brazilian economy since 1986 when the growth was recorded at 7.5 percent.

The official figures released in June show the GDP growth to be 2.7 percent in the first quarter of 2010 compared to the previous, itself a nine percent . . .

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