Brazil cuts rates to 12% in surprise move

[NewsWhore]

Brazil's central bank has slashed its benchmark interest rate to 12 per cent from 12.5 per cent in a shock move that reflects a mounting global slowdown and weaker growth in Latin ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/48210026/)