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Latinnews Daily - 15 August 2003

BRAZIL: Governments and markets hail pension deal

The government and the financial markets hailed the pension deal hammered together in the lower chamber of congress on Wednesday night. The stockmarket rose by 1% yesterday and the country's risk premium came back down below 800 points. President Lula da Silva claimed that the worst was now over and that the country had made a great step forward. 

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