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Protest, graft can’t deter Brazil mall operator’s growth

Bloomberg Gazit-Globe Ltd., which manages commercial real estate worth about $21 billion in more than 20 countries, is extending its Brazilian business even as the country suffers the worst recession in over a century and the streets swell with protesters clamoring for mass political change. The company will invest $1 billion this year to expand existing shopping centers in Sao ...

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Argentina completing law to boost consumption of clean energy

Bloomberg Argentina is poised to approve the final details of a new law designed to give a boost to renewable energy as President Mauricio Macri steps up his efforts to fight climate change. The law will impose fines on large users of electricity that don’t get at least 8 percent of their power from renewable sources, starting in 2018, according ...

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Chile’s inflation rate falls in Feb as economy weakens

Bloomberg Chile’s inflation rate fell for the first time in three months in February after the economy expanded at the slowest pace in almost six years. Consumer prices rose 4.7 percent from the year earlier, the National Institute of Statistics said in a report on its website, compared with 4.8 percent the month before. The median estimate of 19 analysts ...

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