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Brazil’s Lula Announces Anti-Crisis Plan Posted by on Mar 26, 2009

Brazil’s President Lula announced an ambitious plan this week to stimulate the economy and to ward off the global crisis. The plan is to invest R$34 billion (US$15.1 billion) into constructing homes for working class families. The plan also aims to create 1.5 million jobs and to increase the country’s growth rate. However, 6.5 billion…

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