Tag: dilma

Brazilian ethanol tax cut won’t suffice, says Bloomberg

Brazilian ethanol tax cut won’t suffice, says Bloomberg

March 25, 2013 |

In Brazil, the ethanol tax cut won’t prevent a fourth annual surplus for the production of sugar, according to estimates published in Bloomberg. Sugar production is predicted at 34 million metric tons with the tax cut designed to rein in consumer prices proposed by Brazilian President Dilma Rousseff. β€œThe tax cut is welcome, but will […]

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