Elections in all the “fragile five” emerging economies next year, along with the thorny topics of Syria and Iran, will make life tricky for investors trying to steer through political risks in developing markets after a hairy 2013. The withdrawal of U.S. monetary stimulus will set the backdrop for the […]
Tag: Brazil
Nigeria, 18 others barred from US visa lottery
Nigeria and some other countries will no longer be eligible to participate in the America Diversity Visa lottery programme. Information from the United States Department of State sighted on Sunday said Nigerians and citizens from few other countries were not eligible for DV-2015 The department said Nigeria was excluded since […]
Brazil central bank launches $60 billion currency intervention
Brazil’s central bank announced a currency-intervention program on Thursday that will provide $60 billion (38 billion pounds) worth of cash and insurance to the foreign-exchange market by year-end, a move aimed at bolstering the country’s currency, the real, as it slips to near five-year lows against the dollar. The bank […]
