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08 January 2010

BRASIL: Wall Street Favors Serra For President.


BLOOMBERG/
Big U.S. bank JP Morgan says that Sao Paulo Governor Jose Serra would probably be better in addressing long-term economic challenges than Lula's favored candidate Dilma Rousseff. Serra, 67, would resolve overlapping taxes, increasing investment and dropping interest rates “to more mundane levels,” says a bank report.
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Labels: Dilma Rousseff, Jose Serra, JP Morgan/Chase
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