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<title>Latin America - AVA Investment Analytics</title>
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<description><![CDATA[AVAIA is emerging useful articles and news provider. AVAIA have a rich material about the leatest issues and top stories. Join AVAIA to have access to the latest material. All top stories in Latin America]]></description>
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<title>Trouble in Brazil or More Good Times Ahead?</title>
<link>http://www.avaresearch.com/avanew/articles/684/Trouble-In-Brazil-Or-More-Good-Times-Ahead.html</link>
<pubDate>Wed, 19 Jan 2011 00:00:00 -0700</pubDate>
<description><![CDATA[Today, the Brazil's central bank is likely to raise its key interest rate, the SELIC as discussed in the January newsletter. Analysts estimate a 50 basis point hike. If this occurs, it will place short-term rates at 11.25%. The global inflation trend is driving this decision, as food and energy costs have hit Brazilian consumers particularly hard over the past several months.&nbsp;
On the other hand, raising rates threatens to create another inflationary force through the carry trade as foreign... <a href="http://www.avaresearch.com/avanew/articles/684/Trouble-In-Brazil-Or-More-Good-Times-Ahead.html">more</a>]]></description>
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