Coronavirus outbreak European Central Bank fires off stimulus to counter virus 'shock' 12-03-2020 12:38 European Central Bank chief Christine Lagarde warns coronavirus will deliver a "major shock" to global economy that requires urgent, coordinated action.
Bloomberg Brazil's Central Bank will intervene 'as long as needed' to support real 09-03-2020 13:49 The Brazilian Central Bank pledged to support its tumbling currency with all instruments and for as long as needed just as it stepped heavily into the spot market for the first time this year.
Virus panic After a US$1-trillion wipeout, emerging markets bank on stimulus 02-03-2020 13:22 With the world reeling from one of the biggest risk sell-offs since the 2008 global financial crisis, more coronavirus-fueled declines in emerging markets may only be tempered by the prospect of coordinated central bank action or large fiscal stimulus.
Bloomberg Jair Bolsonaro’s attempt to rewire Brazil’s economy risks short circuiting 04-12-2019 11:10 The government has presented not just one but three constitutional amendment proposals to reduce public spending. Each requires the backing of at least three-fifths of the lawmakers in both houses of Congress to pass – a tall order at the best of times.