EMerging Equity
Paraguay
Russia Interested In Integration Of Latin American Associations’ Into The Eurasian Economic Union (EEU)
Russia is interested in Latin American associations’ integration into the Eurasian Economic Union (EEU), Russian Foreign Minister Sergey Lavrov said on Wednesday, TASS news agency reports. “We welcome Columbia’s active role in promoting integration processes in the region, including in the framework of CELAC [Community of Latin American and Caribbean States], UNASUR [Union of South … Continue reading
What Does A Slowdown In China Mean For Latin America?
By The World Bank Growth in Latin America and the Caribbean (LAC) has become increasingly dependent on activity in China, partly as a result of heavy reliance on commodity exports. A 1 percentage point deceleration of growth in China has been associated with a 0.6 percentage point slowing of growth in the LAC region. Growth … Continue reading
A Big Step Forward for Bolstering Financial Inclusion – IMF
By David Marston, Era Dabla-Norris, and D. Filiz Unsal Economists are paying increasing attention to the link between financial inclusion—greater availability of and access to financial services—and economic development. In a new paper, we take a closer look at exactly how financial inclusion impacts a country’s economy and what policies are most effective in promoting … Continue reading
Brazil, Uruguay Move Away From U.S. Dollar In Trade
Brazil and Uruguay have switched to settling bilateral trade with local currency to stimulate turnover, bypassing the US dollar. Payments in the Brazilian real and Uruguayan peso started on Monday. The agreement was signed on November 2 by the head of Brazilian Central Bank Alexandro Tombini and his Uruguayan counterpart Alberto Grana. Both countries believe … Continue reading
