from Global Investing:

Corruption and business potential sometimes go together

By Reuters Staff
December 7, 2012

By Alice Baghdjian

Uzbekistan, Bangladesh and Vietnam found themselves cheered and chided this week.

from Global Investing:

EM interest rates in 2013 – rise or fall

December 3, 2012

This year has been all about interest rate cuts. As Western central banks took their policy-easing efforts to ever new levels, emerging markets had little recourse but to cut rates as well. Interest rates in many countries from Brazil to the Czech Republic are at record lows.

from Global Investing:

Emerging policy-Down in Hungary; steady in Latin America

November 28, 2012

A mixed bag this week on emerging policy and one that shows the growing divergence between dovish central Europe and an increasingly hawkish (with some exceptions) Latin America.

from MacroScope:

Brazilian industrial rebound: wishful thinking?

November 9, 2012

2012 has been a year to forget for Brazil's struggling industry – just like the year before. But a weekly central bank survey of around 90 financial institutions says that will all change next year and industry will grow at healthy 4 percent pace.

from Photographers' Blog:

Brazil’s Highway of Death

November 2, 2012

By Nacho Doce

As Marcondes walked to his truck, his wife and mother said goodbye with the words, “Be careful and may God be with you.” I knew why they talked that way; the highway that he was going to take from Rondonopolis to Sorriso in the fertile state of Mato Grosso is nicknamed the “Highway of Death.”

from MacroScope:

Has the Brazilian FX market lost its swing?

October 31, 2012

Tiago Pariz in Brasilia also contributed to this post.

Brazil's Trade Minister Fernando Pimentel was the latest authority this week to fire warning shots in a resurging currency war. The government is "focused" on keeping the real at its current level of 2 per U.S. dollar, he told journalists after a meeting with fellow ministers and businessmen.

from MacroScope:

When interest rates rise, credit growth should… accelerate?

October 29, 2012

Latin America has defied one of the most elementary rules of macroeconomics in the past decade, Citigroup economists Joaquin Cottani and Camilo Gonzalez found in a report.

from MacroScope:

Latin America: the risks of being too attractive

October 25, 2012

Ironically, an increase of capital inflows to Latin America in the last few years due to unappealing ultralow yields in industrialized countries and the region's relative economic success is posing a threat for development, according to a recent paper that provides wider background to BRIC criticism of the latest U.S. Federal Reserve´s quantitative easing.

from Global Investing:

Record year for emerging corporate bonds

October 17, 2012

The past 24 hours have brought news of more fund launches targeting emerging corporate debt;  Barings and HSBC have started a fund each while ING Investment Management said its fund launched late last year had crossed $100 million.  We have written about the seemingly insatiable demand  for corporate emerging bonds in recent months,  with the asset class last month surpassing the $1 trillion mark.  Data from Thomson Reuters shows today that a record $263 billion worth of EM corporate debt has already been underwritten this year by banks, more than a fifth higher than was issued in the same 2011 period (see graphic):

from Photographers' Blog:

Brazil’s homegrown Gaudi

October 11, 2012

By Paulo Whitaker

The last time I took pictures in one of Brazil’s favelas my luck was very different. That was in Rio de Janeiro in 2010, when I was covering a police invasion of the Alemão slum. A bullet perforated the windshield and hit me in the shoulder as I sat transmitting pictures in the backseat of a taxi. Fortunately, I recovered quickly.