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Tag: High Dollar

By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – The costs for electricity consumption are already on the rise and are expected to reach an increase of up to seventy percent in Rio de Janeiro and São Paulo until...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil’s finance minister, Guido Mantega, reiterated his opinion Monday that the appreciating U.S. dollar will increase the competitiveness of Brazilian industry. Speaking at the finance ministry, Mantega said that...

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