1. Brazil in the news last week:
    > Mercopress: Brazilian economy at its best in 25 years
    > Bloomberg: Brazil Bovespa's gain is Most in Four Years
    > Bloomberg: Brazil's GDP-to-debt ratio falls to lowest since 1998
    > Mercopress: Record investlments boost Brazilian growth to 5,2% in 2007

    More worrying is that Brazil won't see a tax reform any time soon; something which is very much needed for making these announcements future proof.

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