Friday, Nov 27th

Last update:09:43:07 AM GMT

You are here: Economics & Finance Americas


Colombia: The FARC Turn to Gold

E-mail Print
colombia-gold-mining-2009-7-9-15-11-32.jpg WHEN last September government forces seized computer hard drives and memory sticks belonging to “Mono Jojoy”, the military commander of the FARC who was killed in an assault on his camp, officials said they had struck a gold mine of information about the inner workings of Colombia’s main guerrilla group. It turned out that they had also gained data about real gold mines under the FARC’s control, as Juan Manuel Santos, Colombia’s president, revealed this month.

Panama to Sign Tax Accord With U.S. in Bid to Win Free-Trade Pact Approval

E-mail Print
escapte-to-paradise-cover.jpg Panama and the U.S. will sign an agreement to exchange tax information this month, as the Central American nation seeks to clear the way for lawmakers in Washington to approve a free-trade pact.

Argentina's Boudou Sees Greek Recovery After $133 Billion Bailout Accord

E-mail Print
Image Greece’s economy may be poised for a recovery after a rescue plan was agreed on by the euro region and the International Monetary Fund, Argentine Economy Minister Amado Boudou said.

Brazil Inflation Quickens to Fastest in 21 Months

E-mail Print
Image Brazil’s inflation quickened in February to the fastest pace in 21 months, cementing expectations the central bank will raise interest rates as soon as this month.

Brazil Economy Forecasted to Grow More Than 5% in 2010

E-mail Print
Image Central Bank Governor states that Brazil economy is in its strongest macroeconomic position ever

UBS wins high profile roles for Lloyds and RBS

E-mail Print
ubs-nov-09* UBS, Merrill-led group share $309 mln Lloyds rights fees
* UK gets back 144 mln stg from overall 500 mln fee pot
* RBS role may yield future rights-issue fees

By Victoria Howley and Daisy Ku

Down with the dollar

E-mail Print
the-american-dollarON MARCH 5th an index of the value of the American dollar against six other big currencies touched 89.11, its highest point this year. Since then, however, it has been a steady downward drift for the greenback. On Tuesday October 20th, for example, the dollar index had slipped to 75.24, its lowest point in more than a year.

The long climb

E-mail Print

The world economy is recovering from financial disaster. But it will not return to normal as we know it, says Simon Cox.

NEWPORT BEACH, California, is not a bad place to contemplate the future of the world economy. Its information office promises nine miles of pristine sand, fine dining for devoted epicureans and an atmosphere of laid-back sophistication. Yet students of economic turmoil will find their subject matter conveniently close to hand.


Page 2 of 2

Federal Reserve Bank


U.S. Bureau of Economic Analysis