Brazil announces 35bn dollars stimulus measures to prop industry

Wednesday, April 4th 2012 - 01:37 UTC

Full article 2 comments

Brazil announced on Tuesday tax cuts and other stimulus measures worth about 65 billion Reais (35 billion dollars) to protect the country’s struggling industry from what she said were “predatory” trade practices by rich nations. Read full article

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GreekYoghurt
Are they going to spend it on another nuclear love-sub in order to demilitarise the South Atlantic?

I think they should just say what they mean, which is to de-British-ise the South Atlantic.
Apr 04th, 2012 - 07:23 am - Link - Report abuse 0
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Alexei
I knew the Real was strong, but I was shocked to see the Real had achieved Dollar parity overnight. I Just checked, it hasn't R$35 billion = $19 billion US.
Apr 04th, 2012 - 09:53 am - Link - Report abuse 0
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