Brazil

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					Brazil
Antonio Guerrero
Global Finance; Jan 2010; 24, 1; Docstoc
pg. 12




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DOCUMENT INFO
Description: Banco do Brasil, controlled by the federal government, may seek up to $4.4 billion in primary and secondary share offerings during the first half of the year, according to a Deutsche Bank report. Expectations of higher base interest rates and economic growth are helping Brazilian banks reach a "sweet spot," according to Goldman Sachs. A widespread blackout in November has sparked discussions over Brazil's deficient energy infrastructure, after some 60 million residents in 18 of the country's 26 states were left in the dark for two hours.
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