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Brazil continues aggressive fiscal and monetary ease, as President Rouseff plans to cut taxes...

Brazil continues aggressive fiscal and monetary ease, as President Rouseff plans to cut taxes for electricity producers and distributors. It's the latest in a series of tax cuts for industry, and officials say these will be the most aggressive yet. Thus far, the Bovespa is fighting the sell off, +0.2%.
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  • Market analyst 1
    , contributor
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    Brazil is on the brink of recession.
    15 May 2012, 02:32 PM Reply Like
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