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  • Brazil hikes rates again to regain market confidence Thursday, 29 Aug 2013 | 1:13 AM ET
    Downtown Rio de Janeiro, Brazil

    Brazil raised its benchmark interest rate to a 16-month high of 9 percent on Wednesday, maintaining the pace of monetary tightening to fight inflation and rebuild investors' confidence in Latin America's largest economy.

  • The Economist: New era for emerging markets     Friday, 26 Jul 2013 | 12:35 AM ET

    Alex Travelli, Hong Kong Bureau Chief at The Economist says the stupendous growth that emerging markets experienced in the last decade has ended.

  • G-20 finance ministers try to avoid market turmoil Friday, 19 Jul 2013 | 12:33 PM ET
    Russia's Anton Siluanov at the G-20 finance ministers' meeting in Moscow.

    The Group of 20 nations, wary of renewed market volatility, is stressing the need to shift policy carefully and communicate clearly as countries try to chart a course to recovery.

  • Goldman Turns Bearish on BRIC Economies Monday, 1 Jul 2013 | 11:00 PM ET

    The investment bank has ended a recommendation to buy a basket of U.S. stocks with highest sales exposure to Brazil, Russia, India and China, another sign of weakening sentiment towards emerging markets.

  • European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget.

  • O'Neill vs. Faber on China Tuesday, 25 Jun 2013 | 7:21 AM ET

    Market veterans Marc Faber and Jim O'Neill — known as Dr. Doom and Mr. BRIC respectively — posted opposite views when asked if the Chinese liquidity crunch was real.

  • Global Expansion? We’d Rather Stick With Russia: MTS Friday, 21 Jun 2013 | 10:04 AM ET
    Private mobile WiFi hotspots, which allow wireless devices to connect to the Internet, are restricted. Although use of tablets and smartphones is allowed in the venues, these devices cannot be used as wireless access points. Because London’s wireless system is likely to be strained during major events, has focused on an attempt to reduce overall bandwidth use.

    Relaxed legislation and booming profits are just two reasons why Russia's biggest mobile service provider will not bother expanding into other countries, the firm's chief executive said.

  • Why Russia Must Reform Its Energy Sector Friday, 21 Jun 2013 | 8:02 AM ET

    Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts speaking at the St. Petersburg International Economic Forum.

  • Rusal CEO: Investors Need to Relax Thursday, 20 Jun 2013 | 12:16 PM ET

    Investors need to calm down and act rationally, Oleg Deripaska, the CEO of the world's largest aluminum company Rusal, said on Thursday.

  • China Signals Willingness to Tolerate 7% Growth Thursday, 6 Jun 2013 | 7:56 PM ET
    China's new President Xi Jinping (R) talks with former President Hu Jintao (L) on March 14, 2013 in Beijing, China.

    China's new leaders have adopted a greater tolerance for a slowdown in the economy than their predecessors and are likely to allow quarterly growth to slip as far as 7 percent before triggering fresh stimulus.

  • Russia’s Economy Could Be Next Big Underperformer Thursday, 16 May 2013 | 12:00 AM ET

    Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.

  • Jim O'Neill, outgoing chair of asset management at Goldman Sachs, discusses the BRICs' performance to date and how no other emerging country is yet to come close to compete with them.

  • Europe's Economy Is Dead, Needs Central Bank CPR Sunday, 21 Apr 2013 | 5:02 PM ET

    An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in monetary easing by the world's major central banks.

  • G-20: Does the World Need Austerity? Saturday, 20 Apr 2013 | 2:22 AM ET

    Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery.

  • Russia's inflation level remains too high and reducing it is the key priority, according to the woman set up to take charge of the country's central bank in June.

  • EU Promises Less Austerity as G20 Debates Debt Friday, 19 Apr 2013 | 4:03 AM ET

    The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday.

  • What's on the Table for G20? Slashing Debt Saturday, 13 Apr 2013 | 9:04 PM ET

    When financial leaders of the G20 get together this week, they'll mull a plan to slash debt to well below 90 percent of GDP.

  • Cyprus Plans Tax Breaks, Casinos to Boost Economy Tuesday, 2 Apr 2013 | 1:26 AM ET

    Cyprus plans to lift a ban on casinos and offer firms tax exemptions on profits reinvested on the island under a package of reforms to kickstart its ailing economy, its president said on Monday.

  • Cyprus Controls to Hit Foreign Transactions Wednesday, 27 Mar 2013 | 10:58 AM ET

    Cyprus is to impose a ban on cashing checks and limit the amount of cash that can be taken out of the country, a Greek newspaper reported on Wednesday.

  • Watch Out, World Bank: Here Comes the BRICS Bank Wednesday, 27 Mar 2013 | 9:48 AM ET

    Leaders of the five BRICS nations plan to create a development bank in a direct challenge to the World Bank that they accuse of Western bias. The bank would use $50 billion of seed capital shared equally but dominated by China.