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25th June 2008 04:01
The gap between poor and rich in Brazil is reduced by better wages, it has been reported.
Figures released by the Institute of Applied Economic Research (Ipea) found a decline of seven per cent in income disparity between the rich and poor in the Latin American country.
The poll conducted in the city regions of Salvador, Recife, Belo Horizonte, Sao Paulo and Porto Alegre compared figures from the fourth quarter of 2002 and the first quarter of this year.
People considering buying property in Brazil could be interested to hear the nation's lesser paid workers are receiving better wages.
Marco Pochmann, the president of Ipea, told the publication the recovery of the minimum wage has caused the reduction in inequality.
It was reported by Mercopress earlier in the week the country is enjoying a period of stability while the rest of the world struggles with the global food crisis.
President Lula said his country was ready to increase food production in order to cater for the world's needs.
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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