Seeking Alpha

With credit conditions worsening abroad, Brazil makes it easier for three of the country's giant...

With credit conditions worsening abroad, Brazil makes it easier for three of the country's giant firms - VALE, Petrobas (PBR), and Electrobas - to tap the state development bank for funding. Together, the three make up 25% of the Bovespa index, which is +1.3% today. EWZ +2.2%.
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