Brazil’s real falls after Lula unveils ‘re-industrialization’ plan
By Bernardo Caram BRASILIA (Reuters) -Investors sold Brazil’s real currency on Monday after leftist President Luiz Inacio Lula da Silva unveiled an industrial development plan for the next 10 years aimed at boosting sluggish growth with state credits and subsidies. Lula wants to boost long-lagging growth with a similar playbook to the one he used …
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