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EMERGING MARKETS-Latin American stocks rise on hope for US debt deal

• Reuters
 
    Brazilian shares rose despite U.S. House of Representatives
Speaker John Boehner saying on Thursday that no substantive
advances had been made in tackling the so-called "fiscal
cliff".
     "The focus has moved to the United States, pulling
attention away from Europe and the problems there," said Bruno
Piagentini, an analyst at the Coinvalores brokerage in Sao
Paulo. "But we believe they'll be able to avoid the fiscal
cliff, which in some ways represents a very big risk to the
Republicans."

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