Rio De Janeiro/BLOOMBERG The Brazilian real became more volatile as the government tries to push Congress to pass a proposed tax increases to avoid other levies that could further weigh on economic growth. One-week implied volatility surged 0.6 percentage point to 19.24 percent, the second-highest among the world’s 16 most- traded currencies. The real slumped 0.2 percent to 4.0059 per ...

Washington / AFP Venezuela’s President Nicolas Maduro named a new head of his economic team just five weeks after he had handed the job to a widely criticized professor who blamed the world’s fastest inflation on the country’s “parasitic” business class. Luis Salas, who had held the post as economy vice president since Jan. 6, is leaving for family reasons, ...

Bloomberg Justice Antonin Scalia’s unexpected death not only unleashed a bitter partisan debate over the president’s powers, it has also shaken up both party’s presidential nominating contests and provided ready ammunition for volleys fired between the candidates’ camps. The ultimate beneficiaries could be Democrat Hillary Clinton and Republican Ted Cruz, and the battle itself could reshape the US Senate, the ...