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Associated Press
In this May 23, 2012 photo, Sugarloaf mountain is visible from an apartment in the Flamengo neighborhood of Rio de Janeiro, Brazil. Brazil’s burgeoning middle class is moving up in the world, into fancier high-rises. The discovery of vast oil deposits off the coast has flooded the city with renters carrying fistfuls of petrodollars. And property owners already are hiking rents in anticipation of Rio's upcoming mega-events, the 2014 soccer World Cup and 2016 Olympics. (AP Photo/Felipe Dana)

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