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Saturday, March 31, 2012

Brazil Real Heads for Worst Month Since November on Intervention

Brazil’s real headed for its biggest monthly loss since November as government measures to curb the currency’s appreciation and concern the global recovery will falter sapped demand for Brazilian assets.

Friday, March 30, 2012

Brics summit of emerging nations to explore bank plan

The main emerging economies have met in the Indian capital, Delhi, to look at ways of strengthening their position against Europe and the United States.Brazil, Russia, China, India and South Africa (the Brics group) are proposing an alternative to the World Bank.

Thursday, March 29, 2012

Wednesday, March 28, 2012

SURVEY: Argentina's 4Q GDP Likely Expanded 7.0% On Year

BUENOS AIRES -(Dow Jones)- Argentina's economy probably cooled in the fourth quarter from the breakneck pace of expansion observed in previous quarters owing to a slowdown in manufacturing and worsening consumer sentiment.

Tuesday, March 27, 2012

Sunday, March 25, 2012

Colombia Keeps 5.25% Rate to Gauge Effect of Nine Increases

Colombia’s central bank kept borrowing costs unchanged as it seeks to gauge whether nine interest rate increases in 13 months will be enough to prevent the fastest growth since 2007 from stoking inflation.

Saturday, March 24, 2012

Brazil Unemployment Rate Edged Higher in February

RIO DE JANEIRO—Brazil's unemployment rate rose for a second straight month in February as companies continued to dismiss workers they had hired for the busy year-end holiday season, although the still-tight labor market pushed salaries to a record high.