Rio De Janeiro, Brazil / AFP Thousands of Brazilians lined up on Wednesday at a Rio jobs fair, many of them so desperate to escape the country’s economic nosedive that they said they’d take anything on offer. In a symbol of Brazil’s precipitous slide into economic hardship, the almost stationary queue stretched right across a large central square. They were ...

  Bloomberg Mexico’s central bank has the ‘highest hope’ of keeping its rate decisions to scheduled meetings, Governor Agustin Carstens said, quieting market speculation of another surprise increase in borrowing costs. One-year interest-rate swaps fell. The recent peso depreciation has been driven by fundamentals and not by an attack from speculators like the one that took place in February when ...

  New YorK / AFP Citigroup and affiliates were fined $425 million over charges they attempted to manipulate Libor and other leading financial benchmarks, US regulators have announced. Citigroup, which was supposed to submit data on actual transactions to help set the internationally-used benchmarks, instead gave false information to benefit its trading positions, according to the cases. In one of ...