Recent Posts

Brazil Real joins global rout as FM skips plan details

  Bloomberg Brazil’s real joined a selloff in global currencies against the dollar as newly appointed Finance Minister Henrique Meirelles refrained from giving details on how to tackle the nation’s ballooning fiscal deficit. The real erased its gain for the week as the U.S. currency climbed after retail data re-ignited speculation the Federal Reserve may raise interest rates this year, ...

Read More »

Argentina’s Kirchner charged with fraud, assets frozen

  Buenos Aires, Argentina / AFP Assets belonging to former Argentine president Cristina Kirchner were frozen after she was charged with damaging national finances by manipulating the Central Bank’s exchange operations during her last months in office. Federal Judge Claudio Bonadio said it was “evident that the then president gave instructions — which without a doubt were developed jointly — to ...

Read More »

CentrAm business chiefs press leaders to ratify WTO accord

  Guatemala City, Guatemala / AFP Business chiefs from across Central America made a joint plea to the region’s political leaders to ratify a WTO agreement aimed at reducing poor infrastructure and other barriers to trade. “There is consensus in the Central American private sector that the governments of the region urgently need to take action so all Central American countries ...

Read More »
Send this to a friend