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Brazil's economic activity surprises negatively with 2% decline in May

Economic activity in Brazil declined in May, showed a central bank index on Monday, signaling a non-linear trajectory for the country's growth, even as analysts have been consistently revising their forecasts upward for the year. ....

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El Salvador arrests more than 100 Colombians in financial scheme

Salvadoran police arrested more than a hundred Colombians for their alleged involvement in operating a microfinancing scheme that laundered money from drug running and gang activities, security officials said on Monday. ....

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