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Rousseff impeachment rally loses steam as economic reality sets in

Bloomberg The rally that made Brazilian assets the world’s best performers in 2016 is losing momentum as investors’ euphoria over prospects for change in government gives way to pessimism about how hard it will be to pull the country out of an economic malaise no matter who is in power. The Ibovespa equity gauge, Brazil’s currency and its bonds have ...

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Blow to US wheat crown as Argentina speeds up exports

Bloomberg The U.S., once the world’s largest wheat exporter, is scheduled to import the grain this month from South America in the latest sign of how the country is losing its domination of the global trade. Even amid overflowing U.S. grain bins, there’s a ship destined to reach North Carolina shores this month with supplies from Argentina. Olympos, the vessel ...

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Cable a La Carte is becoming a reality — outside the USA

Bloomberg If you want to watch the Disney Channel or BET in the U.S., you pretty much need a costly pay-TV plan, one with hundreds of networks you couldn’t care less about. In other countries, it’s increasingly a different story. Entertainment companies led by Viacom Inc., 21st Century Fox Inc. and Walt Disney Co. are forging ahead internationally with online ...

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