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Brazil English News Blog; July, 2010 Archive; Brazil English News Blog
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Bidding Start for Rails to Connect Rio and Sao Paulo

07/18/10 05:50

The Brazilian government has started the bidding process for $19 billion fast train project earlier last week, according to a Reuter's report. The flagship Lula project is one of the countries most ambitious project which would be connecting the two of the biggest city in the country, Rio de Janeiro and Sao Paulo.

Read more: Bidding Start for Rails to Connect Rio and Sao Paulo [click]

Tags: high • lula project • fast train • rio de janeiro sao paulo rails •
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Effects of a June Consumer Price Report

07/09/10 06:48
Stocks in Brazil vaulted 2% higher as monthly consumer prices stay put, MarketWatch reports. Investors keyed in on the prospect that the country's central bank could take a brake raising key interest rates following report of consumer prices of the previous month were unchanged.

Read more: Effects of a June Consumer Price Report [click]

Tags: stocks jump • economy • marketwatch • consumer prices •
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