Special Southeast Asia correspondent/ Head of News, Malaysia
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Jun 17, 2011
Jun 17, 2011
Jun 8, 2011
Jun 8, 2011

Brazil’s Rousseff tries to move on after aide quits

BRASILIA (Reuters) – Brazil’s President Dilma Rousseff struggled on Wednesday to overcome the loss of her most powerful minister, as new questions emerged over who will lead the fight against rising inflation and rebuild her government’s strained relationship with Congress.

Investors mostly took the departure of Chief of Staff Antonio Palocci in stride a day after he quit in a drawn-out scandal over his sudden enrichment and acquisition of a multimillion-dollar home while he was a lawmaker.

Jun 3, 2011
Jun 3, 2011

Analysis: Brazil’s Rousseff weakened by scandal, Lula return

BRASILIA/RIO DE JANEIRO (Reuters) – As Dilma Rousseff coasted to Brazil’s presidency last year, one doubt kept cropping up — would the career bureaucrat be savvy enough to handle Brazil’s dog-eat-dog political world?

After a turbulent few weeks that have shaken her young administration, the evidence is mounting that she isn’t — a failing that could have serious policy consequences as the government manages a slowing economy and high inflation.

Jun 2, 2011
May 27, 2011

IMF forum: No easy fixes for hot emerging markets

RIO DE JANEIRO, May 27 (Reuters) – Policy-makers in
emerging markets need to keep reaching for a broad mix of tools
to cope with the heavy capital flows that have caused
strong-currency headaches and led to fears of asset bubbles –
because such flows are here to stay.

That is largely good news, said economists and officials at
a conference on capital flows held by the IMF and Brazil’s
finance ministry. Hot economies such as Brazil and Indonesia
may see less fallout than some fear when the U.S. Federal
Reserve eventually raises interest rates, tightening the tap on
cheap funds that flooded into Latin America and Asia in search
of higher returns.

May 26, 2011

IMF sees few risks from end of Fed’s QE2

RIO DE JANEIRO (Reuters) – The end of the latest phase of the U.S. Federal Reserve’s loose monetary policy is unlikely to cause a major pullback of funds from emerging markets and should be a “minor event,” the International Monetary Fund’s chief economist told Reuters on Thursday.

The Fed’s quantitative easing program has been blamed by some officials in emerging markets for encouraging a flood of funds that have pushed up currencies and created overheating pressures in countries such as Brazil.

    • About Stuart

      "I cover the politics, economics and people of Southeast Asia from Kuala Lumpur, where I also act as head of editorial for Malaysia and Brunei. I joined Reuters on the Singapore editing desk back in 1997 and have been on the move ever since, from Japan to the Philippines to the U.S.A and then Brazil."
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