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05 February 2010

BRASIL: Former Chief Banker Fraga Criticizes "Terrible" Infrastructure.

BUSINESSWEEK/  Arminio Fraga labels Brasil's infrastructure in “terrible shape” while bemoaning the nation's insufficient saving and investments.The former central bank president worries that foreign investors “think Brasil is perfect,” which creates an overconfidence that is “not good for us."
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Labels: Arminio Fraga
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