Government decides to extend soft loans for Brazil’s three largest corporations

Friday, May 25th 2012 - 22:45 UTC

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Brazil eased rules for subsidized lending by state development bank BNDES to three of the country's biggest companies, in a move that may help President Dilma Rousseff shield a struggling economy from market turmoil abroad. Read full article

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ChrisR
Yes, they are that essential and well run they need government subsidies to continue in business.

Meddling in the market again: Mr. Market ALWAYS sorts it out in the end.
May 26th, 2012 - 06:21 pm - Link - Report abuse 0
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