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Valemax Strategy Further Imperilled

We expect further complications for Vale's strategy of increasing its Chinese iron ore market share after China's Transport Ministry reaffirmed a long-standing ban on Valemax ships berthing at...

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Retail Sales Drop 0.2% In December

Brazilian retail sales registered a fall of 0.2% in December 2013, compared with a 0.6% rise in November 2013 and a 4% increase in the same period of 2012, according to data from the national...

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