UPDATE 1-Brazil renews industry tax breaks to boost economy


* Brazil renews tax breaks for automobile industry * Home appliances, construction materials also included * Tax exemption on wheat, bread extended through 2010 * BNDES cuts long-term lending rate to 6 pct from 6.25 pct (Updates with interest rate move; details, comment, context) BRASILIA, June 29 (Reuters) - Brazil's government on Monday renewed a series of tax breaks for the automobile, home appliance and construction industries in a bid to lift Latin America's largest economy out ...

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