Tag: global economy

RIO DE JANEIRO, BRAZIL - For this year and the next, the fund projects growth of 5.5% and 4.2% in the global economy; and 3.5% and 2.6% in Brazil. The International Monetary Fund (IMF) on Tuesday revised its projections for...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Inflation is at an ‘appropriate and comfortable’ level says Brazil’s Monetary Policy Committee (Copom), which last week decided to keep the country’s benchmark interest rate, the Selic, at 6.5...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian Finance Minister Guido Mantega is set to defend the use of unconventional monetary policies by emerging economies, including Brazil, to counteract the damaging effects of the global economic...
By Mary Carroll, Contributing Reporter RIO DE JANEIRO, BRAZIL – Industrial production in Brazil managed three consecutive months of growth, only to be followed by one percent fall in September, according to the Brazilian Institute of Geography and Statistics (IBGE)...
By Ben Tavener, Contributing Reporter RIO DE JANEIRO, BRAZIL – President Rousseff has arrived in New York where she will attend the United Nations General Assembly for the first time. On Wednesday she will become the first woman to open the...
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - The real fell for the third straight day, its lowest in five months, after the Central Bank's decision to slash the interest rate to twelve percent on August 31st. ...
By Jaylan Boyle, Contributing Reporter MOSCOW - On June 16th Russia hosted the first fully-fledged summit of the BRIC countries, an acronym for the world's fastest growing economies; Brasil, Russia, India, and China. Aside from the current global economic crisis, the...



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