Search This Blog

Monday, October 7, 2013

Brazil opposition leaders join forces against Rousseff

BRASILIA (Reuters) - Two of Brazil's most popular opposition leaders joined forces on Saturday in an unexpected alliance that shakes up next year's election and could pose a major challenge to President Dilma Rousseff at a time when the economy is sputtering.

Sunday, October 6, 2013

Brazil Real Drops From Two-Week High as Moody’s Lowers Outlook

Brazil’s real declined from its highest level in two weeks after Moody’s Investors Service cited rising debt and weak growth in lowering its outlook on the nation’s credit rating to stable from positive.

Saturday, October 5, 2013

U.S. defends diplomats expelled from Venezuela

CARACAS (Reuters) - The U.S. Embassy in Venezuela on Tuesday defended three diplomats expelled by President Nicolas Maduro, rejecting charges they were involved in espionage and accusations Washington is trying to destabilize the OPEC nation.

Friday, October 4, 2013

Brazil services sector rebounds in September -PM

SAO PAULO, Oct 3 (Reuters) - Activity in Brazil's service sector rebounded in September, a closely watched business survey showed on Thursday, further evidence that Brazil's economy may have avoided a contraction in the third quarter.

Thursday, October 3, 2013

Maersk bullish on Latin America, eyes Mexico's deep water oil

MEXICO CITY (Reuters) - Danish oil and shipping group A.P. Moller-Maersk sees big investment potential in Latin America, including deep water oil projects and ports in Mexico, its chief executive said on Tuesday.

Wednesday, October 2, 2013

Chile Central Bank Signals Possible Rate Cuts Before Year-End

Chilean central bank President Rodrigo Vergara said policy makers don’t have to wait for a slowdown in consumer spending before cutting rates, a day after a report showed retail sales soaring.

Tuesday, October 1, 2013

Latin America most vulnerable to higher U.S. rates-IMF

WASHINGTON, Sept 30 (Reuters) - Latin America is likely to suffer most if U.S. interest rates rise more quickly than economic conditions merit, the International Monetary Fund said on Monday.