Colombia central bank raises policy rate for 10th straight month to curb inflation

Jun 23, 2016 11:40 am UTC| Central Banks Commentary Economy

Colombias central bank raised its monetary policy rate for the 10th straight month in a row, in a bid to curb inflation, reiterating its statement from May that it must ensure that the recent shocks to inflation remain...

S&P lends positive outlook to Indonesia, re-affirms Indonesia’s sovereign credit rating

Jun 23, 2016 11:10 am UTC| Economy Research & Analysis

The Standard Poors, a credit rating agency has affirmed the credit rating outlook for Indonesia at BB+, while lending a positive outlook to the country. However, the rating authority still left the economy one notch below...

Why progressives should rescue the TPP trade deal

Jun 23, 2016 10:33 am UTC| Insights & Views Economy

The Trans-Pacific Partnership (TPP) is under siege, with presidential candidates on both sides of the aisle voicing increasingly protectionist positions. As the general election gets into full swing this fall, the...

Climate Change Series

Trump's energy plan poses climate threat to U.S. economy

Jun 23, 2016 10:31 am UTC| Insights & Views Nature Economy

Last December in Paris, the nations of the world agreed to an ambitious goal for greenhouse gas emissions: to bring net emissions to zero in the second half of this century. Their objective: to limit global warming to 1.5...

Eurozone Markit flash manufacturing PMI inches higher in June

Jun 23, 2016 09:47 am UTC| Economy Commentary

Eurozones manufacturing sector bounced surprisingly in June on slight support from the global economy, but the counter political uncertainty in the entire euro area has sparked more of a disappointment, driving down...

German service sector remains muted in June on weakness in business, output

Jun 23, 2016 09:14 am UTC| Economy Commentary

Services in Germany remained muted in the month of June on prevailing weakness in business and output, as humming factories in the private sector failed to take up pace, but the index remained stable suggesting Europes...

Brazilian current account balance likely to have improved further in May

Jun 23, 2016 09:00 am UTC| Commentary Economy

Brazils current account balance is likely to have improved further in May, turning into surplu. The country is expected to have recorded a surplus of USD 1904 million in May as compared with the deficit of USD 3384 million...