Brazil cuts tax on foreign investments in domestic REITs-gazette

SAO PAULO Thu Jan 31, 2013 4:34am EST

SAO PAULO Jan 31 (Reuters) - Brazil's government slashed the IOF financial tax on foreign investments in real-estate investment trusts to zero, according to a posting in the government's official gazette on Thursday.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.