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By Jewellord T. Nem Singh, Contributing Reporter

RIO DE JANEIRO – Brazil has registered a deficit of USD$23.76 billion in its current accounts for June, corresponding to 2.47 percent of the country's GDP. At a time of general economic optimism in the country this is the worst performance in its balance of payments since 1947 and a consequence of the deficit of USD$7.6 billion in services and incomes.

The negative record is three times the equivalent accumulated in the first six months of 2009, whilst in June alone the current account deficit was at USD . . .

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