http://www.bloomberg.com/news/2012-11-23/colombia-cuts-policy-rate-to-4-5-after-interbolsa-collapse.html
For the 1st time in 3 months...the central bank unexpectedly cut its benchmark rate...
by 25 bps...to 4.5%...after the collapse of the nation's biggest brokerage...Interbolsa SA.
Economic activity there slowed...by 1.3% from the previous September...to 4.9% in Q2.
Inflation is still a non-factor registering 3.06 % in October.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ECUADOR : Bus Crash Kills 16, Injures 17 Near Papallacta.
- HOLLYWOOD / USA : Screenwriter/ Humorist Nora Ephron Dead...At 71.
- CHILE : Maid's Short Walk Thru Gated Community...Aborted...Outraging Many.
- RUSSIA : Putin Now Playing Corruption Slayer Card.
- MEXICO : 12 Mar UPDATE: Congress Finally Moves To Break-up Phone, TV Monopolies; Slim's Stock Nears 2009 Low.
- BRASIL / USA : 18 March UPDATE: Chevron Execs To Be Criminally Charged For New Leak Off Rio's Coast.
- BRASIL: Strike Stops Amazon's Massive Belo Monte Dam Construction.
- KOSOVO/ SERBIA : 29 Nov. UPDATE: 2 NATO Soldiers Wounded, 24 Injured In Ethnic Serb Border Clash.
- RUSSIA : Drivers Curse 3 Day...125 Miles Long Traffic Jam.