September CPI data confirmed growing inflationary pressures due to restrictions on food imports from Western countries since August. Headline number is at +8.0% y-o-y, highest number since August 2011. ...

Aécio scores points in the best debate of the campaign

Aécio Neves was the winner of the debate on TV Globo.He took the initiative and continued with the strategy that has been working in the final leg of this campaign: attacking the government, with a special focus on corrupt...

We are keenly following three things now on Congress’s plate given their crucial role in keeping confidence and economic growth up in the very short term, as well as over the longer haul.

The more immediate one is the President’s request for emergency powers to address a forecast short...

September CPI inflation came in at a better than expected 0.1% (consensus: 0.4%), largely on account of a favorable drop in food prices and a somewhat stronger than expected base effect in transportation prices. Food prices, we estimate, have shrunk modestly in September (seasonally-adjusted),...

Today Juan Carlos Fábrega presented his resignation as President of Argentina's Central Bank (BCRA). As his replacement President Cristina Fernández de Kirchner (CFK) appointed Alejandro Vanoli, former president of the National Securities Commission (CNV), the local capital market regulator...

The “Truce treaty” with the separatists has left Ukraine in a very unclear position. On one hand, President Petro Poroshenko says this step was crucial to halting further Russian advances into Ukrainian territory (though the Russian Army’s heavy casualties were probably the real reason...