Bank profits will grow as more Greeks become middle class and tap financial services.

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He hopes to use his contacts to line up communications providers in the Middle East who will tap into Teledesic's satellites there.

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When it created the Market Vectors Brazil Small Cap back in 2008, it was a way for investors to tap into the burgeoning middle class in Brazil, and was seen as a compliment to the iShares MSCI Brazil ETF.

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