BLOOMBERG Brazil economists forecast lower interest rates this year on the expectation incoming central bank president Ilan Goldfajn will ease monetary policy to stimulate growth. Economists reduced their 2016 Selic forecast to 12.75 percent from 13 percent the prior week, according to the weekly Focus survey conducted May 20. They also raised their IPCA inflation forecast to 7.04 percent, from ...

  The cross-country demonstrations currently taking place in Vietnam to protest massive fish die-offs along the central Vietnamese coast are truly remarkable. Not only were demonstrations at this scale unheard of even five years ago, but they beg the question of why thousands of demonstrators as far off as Hanoi and Ho Chi Minh City are subjecting themselves to the ...

  Dalton Lin SPECIAL TO EMIRATES BUSINESS Taiwan’s new president, Tsai Ing-wen, finally delivered her keenly anticipated and closely watched inaugural speech on May 20. China had made it clear ever since Tsai’s election that if she hoped for the peaceful and cooperative cross-strait relations over the past eight years to continue, she needed to come to terms with the ...