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Carlos's avatar

Hi Dan. So what is your view on the current situation in Brazil? Rates were falling and therefore we had a good potential for mark-to-market. But as of now rates were held and the economic conditions, due to high spending and increasing deficits, could be a barrier for continued rate decreases. However, with the replacement of RCN by anyone who just takes orders from the current administration, we could see administrative rate cuts. I wish it was music to my ears but "should we stay or should we go?"

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