Americas

Brazil ‘provokes’ partners with new South-South fund

Thu, 09 Jun 2011 00:00:00 GMT

The Brazilian government has agreed to establish a ground-breaking south-south co-operation fund with the African Development Bank

US urges China to embrace global business standards

Thu, 09 Jun 2011 00:00:00 GMT

The US Treasury has called on China to bring its business dealings in Africa into line with international standards

EBRD chief hits back at US coercion claims

Sat, 21 May 2011 00:00:00 GMT

Thomas Mirow has denied that the US is forcing the bank’s proposed expansion into North Africa and the Middle East, a move that could scupper the EBRD’s possible merger with the European Investment Bank

Growing Sino-US tensions ‘may hinder trade and currency talks’

Thu, 05 May 2011 00:00:00 GMT

Experts warn of growing signs of a deterioration in Sino-US relations ahead of a key policy meeting in Washington next week

Inflation spiral threatens global economy

Thu, 05 May 2011 00:00:00 GMT

Ultra-loose monetary policy in the west and exchange rate inflexibility in emerging economies could spell a devastating inflationary spiral and a hard landing for the global economy, a leading expert has warned

S&P chief warns on US debt risk

Wed, 04 May 2011 00:00:00 GMT

The downgrading of the US debt outlook last month was due to the lack of a clear, bipartisan plan to tackle the fiscal deficit, S&P’s president tells Emerging Markets in an exclusive interview

Regional stability fears soar on US-Pakistan tensions

Tue, 03 May 2011 00:00:00 GMT

The killing of Osama Bin Laden in Pakistan could undermine its already strained relationship with the US and imperil stability in the region, warns a leading military analyst

EM VIDEO: Divisions deepen over Latin economy risks

Tue, 29 Mar 2011 00:00:00 GMT

Growing uncertainty over threats to the Latin America's newfound prosperity loomed over the Inter-American Development Bank's meeting in Calgary

Argentina to steer clear of external capital markets

Mon, 28 Mar 2011 00:00:00 GMT

Argentina will not hurry back to global financial markets for funding, a senior Argentine official told Emerging Markets

ARGENTINA: Running to stand still

Mon, 28 Mar 2011 00:00:00 GMT

Cristina Fernández de Kirchner – if she decides to stand – looks set to be the favourite in the presidential elections this October

ARGENTINA: Wrong number

Mon, 28 Mar 2011 00:00:00 GMT

The long-running controversy over the accuracy of Argentina’s inflation numbers has taken a dramatic turn, with private economists now coming under fire from the government

BANKING REGULATION: Standard deviation

Mon, 28 Mar 2011 00:00:00 GMT

Decades of regulatory conservatism mean that Latin American banks should have few problems hitting Basel III requirements. But credit risks remain

Brazil defends macro prudential policies

Mon, 28 Mar 2011 00:00:00 GMT

Controversial capital controls are both necessary and effective in taming rising inflation while preventing a surge in capital inflows, Brazil’s deputy central bank governor told Emerging Markets

Brazil in private infrastructure capital appeal

Mon, 28 Mar 2011 00:00:00 GMT

Private sector investment should play a major role in Brazil’s infrastructure buildout, the president of Brazil’s national development bank told Emerging Markets

BRAZIL: Dilma’s dilemma

Mon, 28 Mar 2011 00:00:00 GMT

Brazil’s new president, Dilma Rousseff, is facing a baptism of fire. With inflation and capital flows complicating the picture, the government must move fast to restore fiscal credibility

CAF lending to soar

Mon, 28 Mar 2011 00:00:00 GMT

The president of the Andean development bank said that last year’s loan approval levels were on par with those of the World Bank and the IDB

Central America goes green to cut oil reliance

Mon, 28 Mar 2011 00:00:00 GMT

Panama, Honduras and Costa Rica are all scrambling to ramp-up renewable energy production due to soaring oil costs

CHINA-LATAM: Chasing the dragon

Mon, 28 Mar 2011 00:00:00 GMT

A massive inflow of Chinese investment into South America last year has brought significant short-term benefits, but could worsen the region’s addiction to commodity exports

Debt issuers crowd into local markets

Mon, 28 Mar 2011 00:00:00 GMT

Enthusiasm for local-currency debt remains undimmed by events in Japan and the Middle East

ECLAC chief calls for US-LatAm trade boost

Mon, 28 Mar 2011 00:00:00 GMT

Alicia Bárcena told Emerging Markets that arresting the decline of US trade with Latin America should be a priority

Finance chiefs urge caution over Latin economy

Mon, 28 Mar 2011 00:00:00 GMT

The risks of slower Chinese growth and US tightening mean that Latin America could face a hazardous decline in its terms of trade, finance chiefs warn

IDB slashes exposure to securitized assets

Mon, 28 Mar 2011 00:00:00 GMT

The Inter-American Development Bank has cut exposure to asset- and mortgage-backed securities by more than half since the financial crisis, according to CFO Edward Bartholomew

IDB: Latin growth to split on regional lines

Mon, 28 Mar 2011 00:00:00 GMT

Net commodity exporting countries centred around Brazil will grow almost twice as fast in 2011 as regional commodity importing countries, centred around Mexico, the IDB predicted

Jamaica confident on IMF targets

Mon, 28 Mar 2011 00:00:00 GMT

The island-nation is able to cover its own fiscal needs, says Gladstone Hutchinson, director of the Planning Institute

Mexico minister sees boost from Pemex plan

Mon, 28 Mar 2011 00:00:00 GMT

An investment funding drive by state oil company Pemex to boost production will have a major positive impact on Mexico’s future economic growth despite domestic opposition to foreign involvement in the sector, said finance minister Ernesto Cordero

NORA LUSTIG: Mind the gap

Mon, 28 Mar 2011 00:00:00 GMT

Rampant income inequality in Latin America could cause major social and economic volatility if not adequately addressed, warns Nora Lustig, professor of Latin American economics at Tulane Universiry and a non-resident Fellow at the Center for Global Development

World Bank aims at trend growth

Mon, 28 Mar 2011 00:00:00 GMT

Latin American nations need to translate the current strong commodity cycle into higher trend growth, the World Bank’s chief economist told Emerging Markets

Billion-dollar deals deepen dependence on China

Sun, 27 Mar 2011 00:00:00 GMT

Venezuela has announced further multi-billion loan-for-oil deals with China, heightening concerns that it may become overreliant on Chinese trade and investment

Bolivia steps up inflation fight

Sun, 27 Mar 2011 00:00:00 GMT

Central bank president Marcelo Zabalaga tells Emerging Markets that he will continue to withdraw liquidity and tighten rates

Boudou seeks quick fix with the Paris Club

Sun, 27 Mar 2011 00:00:00 GMT

Argentina hopes to agree a deal with creditor nations before the end of 2011, finance minister Amado Boudou said this weekend