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rolling and tumbling in Brazil

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Entries from January 2008

getting better all the time

January 6th, 2008 · No Comments

And the year is off to a great start in Brazil. For starters, after Congress brought down the ridiculous 0,38% CPMF tax (something like Provisory Contribution on Financial Transactions), the government decided to recover the R$ 40 billion (~U$ 22.7 bil) by, you guessed it, increasing taxes.
Brazil will trim outlays by 20 billion [...]

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Tags: .br · economy · environment