Popular Posts
- CANADA / MEXICO / CHILE : Former BC Woman Cop Murdered In Playa Del Carmen; Barrick Gold Fined $16 Million For Pascua-Lama, May Suspend Mine.
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- EL SALVADOR : Supreme Court Ruling Threatens 60,000 Gang War Truce.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
- AUSTIN / TECHNOLOGY : TWITTER Is NewsBlog's New Home.
- GUATEMALA : Court Throws Out Rios Montt Genocide Conviction; Trial Restart Ordered.
25 March 2010
BRASIL: Central Bank Prepares For First Interest Rate Hike In 2 Years.
REUTERS/ Central bankers are said to be ready to raise the interest rate on April 28 to curb inflation pressure as jobs data show the country's strong economic rebound. A statement said "Given the signs of robust domestic demand, causing the reduction of the output gap... and recent inflation expectations, the risks to a benign inflation scenario increased." The bank is also preparing a series of changes in foreign exchange rules to slow currency inflows and offset dollars from investors hungry for higher yields.