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Brazilian Bankruptcy Petitions Climb in August over July, but Show Year-to-date Decline

RIO DE JANEIRO - Business bankruptcy petitions increased by 58 percent in August compared to July, according to a national survey by Boa Vista. However, in 12 months, the indicator showed a drop of 8.6 percent. The requests for judicial recovery also increased in the period, by 41.3 percent, but decreased by 15.1 percent over 12 months.

According to Boa Vista, the results show a continued downward trend in these . . .

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