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Saturday, May 17

Bloomberg Peru Economy Expands 5% in 1st Qtr on Textile Exports: "Higher manufacturing and retailing output may signal that Peru's economy, which has generally been driven by mining, particularly gold, copper, silver and zinc, may be broadening. The country led the region with 5.2 percent growth last year that was dependent on highly mechanized mining of metals, which employs fewer than 200,000 people." The economy starts building up steam. Too bad it's in such a deep hole.



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