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  • Macro Watch: Peru

    7/13/18
    Monetary policy makers in Peru held the key interest rate steady at 2.75%. Annual inflation was running at 2.28% in June, within the central bank 's target range of 1.0-3.0%. Economic activity indicators "show clear signs of...

  • Gold drops to 12-month low

    7/13/18
    Gold neared a one-year low Friday under pressure from a stronger US dollar. The yellow metal closed at US$1,240.50/oz in London AM trading, down US$4.35 and its lowest level since July 2017. Silver also fell three cents to US$15....

  • Brazil to cut GDP forecast for 2018

    7/13/18
    The Brazilian government will in the coming week announce a reduction in its GDP growth forecast for this year. "We and market economists started the year with the expectation of GDP growth of 3%. Such expectations have been...

  • Brazil senate approves historic IDB R&D loan

    7/12/18
    The Brazilian senate approved a US$1.5bn loan from the Inter-American Development Bank (IDB) for research and innovation investments in Brazil over the next five years. The amount is reportedly the largest investment in IDB history ...

  • Prefeitura de Uberaba

    7/11/18
    Prefecture of Uberaba is the public administrative entity of the Brazilian municipality of Uberaba, located in Triangulo Mineiro region, Minas Gerais state. The several Prefecture's secretariats deal with areas such as...