News:The economy this year ...he chief problem with tighter credit would not be slowing consumer credit (which is long overdue) but the need to pump up investment in supply in order to balance that consumer demand - monetary policy can be an important tool in that direction (as it certainly is in Brazil with the BNDES bank). The... Buenos Aires Herald - 2 days ago
News:Brazil's BNDES buys sugar miller Santelisa stake (Reuters) - Brazil's state development bank, BNDES, said on Monday it paid 150 million reais ($85 million) for an undisclosed stake in Santelisa Vale, the country's second largest sugar and ethanol producer. BNDESpar, the investment arm of the state bank, will buy new shares to be issued by Santelis... Reuters - 3 days ago
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