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Camara de Comercio Árabe Brasileira

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Brazil to issue bonds to credit Sovereign Fund

The Fund's initial capital of US$ 6 billion should come from bonds issued by the National Treasury. The government guarantees that there should be no impact on the public debt.

[28/12/2008 - 07:00]
Sales at shopping centres grow 3.5%

There was real growth in the Christmas period. In the year, there was a nominal increase of 9.5% and a real increase of between 3% and 3.5%. Sector revenues in Brazil were US$ 29.8 billion in 2008.

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