Brazil

• Thursday, October 9th 2014 - 08:28 UTC

  Brazil's Socialist party announces support for Neves on 26 October runoff

  

  The political party that launched environmentalist Marina Silva's unsuccessful presidential bid has thrown its support behind pro-business candidate Aecio Neves for Brazil's Oct. 26 runoff vote against populist President Dilma Rousseff.

• Thursday, October 9th 2014 - 08:14 UTC

  A blow for Dilma: Brazil's September inflation at its highest in three years

  

  Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.

• Wednesday, October 8th 2014 - 08:38 UTC

  Brazilian pollsters missed percentages but 'confirmed tendencies'

  

  Although pollsters in Brazil got it right with President Dilma Rousseff victory and the growth tendency of runner up Aecio Neves in the last days leading to Sunday's presidential election, they failed dismally in percentage estimates.

• Wednesday, October 8th 2014 - 03:50 UTC

  Brazilian and Chinese banks support for Argentina in bonds litigation confirmed

  

  Brazil’s PTG Pactual Bank and the China Construction Bank are at the forefront of the initiative to buy up the 1.6 billion dollars of debt which Argentina owes “holdouts” NML-Elliott and Aurelius, according to a report from Buenos Aires Ambito Financiero, the country's leading financial newspaper.

• Wednesday, October 8th 2014 - 03:43 UTC

  IMF lowers Latam growth forecasts: declining exports and domestic constraints

  

  The International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core Euro zone countries, Japan and big emerging markets like Brazil.

• Tuesday, October 7th 2014 - 05:56 UTC

  Brazilian markets clearly support challenger Neves: Bovespa up 4.7%

  

  The Sao Paulo stock exchange soared 4.7% on Monday with the Bovespa index reaching 57.115 points following Sunday's presidential election when no candidate managed 50% of ballots, opening the way for a runoff between pro-business Aecio Neves and president Dilma Rousseff.

• Monday, October 6th 2014 - 21:17 UTC

  Dilma retained majority in Congress, theoretically, given the volatility of Brazilian parties

  

  The multi-party coalition that currently supports Brazilian president Dilma Rousseff lost ground in Sunday's election but will keep its majority in Congress following on the results released by the country' Superior Electoral Tribunal, TSE.

• Monday, October 6th 2014 - 07:51 UTC

  Sao Paulo state, Brazil's largest electoral district delivers solid win for Neves party

  

  The social-democrat (PSDB) governor from the state of Sao Paulo, Brazil's largest electoral district, Geraldo Alckim was re-elected on Sunday with 57,7% of ballots, which ensures a strong spring board for the presidential runoff between president Dilma Rousseff and her PSDB challenger on 26 October, Aecio Neves.

• Monday, October 6th 2014 - 05:56 UTC

  Dilma (40%) and Neves (34%) to the runoff; mathematically the opposition can win

  

  Brazil's unpredictable election took another twist Sunday, with populist President Dilma Rousseff forced into a runoff race as expected, but against a center-right challenger who only surged in the final week of the campaign.

• Saturday, October 4th 2014 - 10:38 UTC

  Investors on edge waiting for the results of Sunday's voting in Brazil

  

  Latin American currencies weakened on Friday after strong U.S. jobs data was seen as increasing the likelihood of higher interest rates in the world's largest economy, while Brazil markets fluttered in the last trading session before Oct. 5 elections.