Brazil stocks decline

Note: This section contains information in English only.
Source: Marketwatch

Brazil's stocks fell on the worries that Brazil plans to reduce its growth forecast for 2011 and 2012. The stock prices were also impacted by the concerns over spreading euro-zone's debt crisis. Brazil's Ibovespa  lost 2.1% to 57,006 while Petrobras declined by 3.3% and Vale edged down 2.2%.

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