Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Sudan Let Banks Set Dollar Rates and the Pound Hit a Record Low
The Sudanese pound touched 6,400 to the dollar on the parallel market after the central bank let commercial lenders set their own …
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El Salvador Growth Forecast of 4.5 Percent Tops Official Estimates
El Salvador's industrialists forecast 4.5% growth for 2026, above IMF and ECLAC estimates, as employers push flexible working hour…
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South Africa’s Defence Force Cannot Cover Its Own Wage Bill
Angie Motshekga told the National Council of Provinces that a salary shortfall of R3.3 billion could push the defence department t…
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Colombia’s Governors Close Ranks Behind Rodríguez Yee as the Ecopetrol Board Fight Escalates
Six oil-producing governors ratified Ricardo Rodríguez Yee for the Ecopetrol board as the new government prepares an assembly to r…
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Consolidated Hallmark’s investment gains push H1 profit to N27.1 billion
Consolidated Hallmark Holdings Plc reported a profit before tax of N27.10 billion for the six months ended June 30, 2026, represen…
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Colombia’s Earthquake Reconstruction Turns to 8 Percent Mortgages and Frozen Student Loans
BBVA joined the banks offering 8 percent mortgages in Colombia's earthquake zone, Icetex froze student loans for 44,411 borrowers,…
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Costa Rica Broadcast Fee Bill Advances Despite Press Freedom Warnings
Costa Rica approved Bill 24,461 in first debate: a spectrum fee of up to 7.73% of TV revenue that the IAPA and CPJ say could force…
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Colombia’s Development Plan Becomes the Tool to Slim the State
The finance ministry says it wants to shrink the bureaucracy. The four-year planning law is the vehicle it has chosen. The post Co…
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Argentina and Chile Press Their Cross-Border Mining Treaty at Santiago Summit
Chile convened a regional mining summit in Santiago and used it to advance its 1997 mining treaty with Argentina, a framework it s…
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The Architecture of African Growth
About this series The Architecture of African Growth explores the systems that transform potential into prosperity. Each essay exa…
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Reports Put 17 Venezuela Oil Fields on the Table in US Talks
Reports say the United States seeks long-term rights over 17 Venezuela oil fields, with one outlet citing a 100-year lease. Neithe…
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Venezuela Weighs Leaving OPEC, the Group It Helped Found in 1960
Bloomberg says Venezuela is examining plans to quit the oil producers' group it helped found in 1960. No decision has been taken, …
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Chile Stocks Rebound While the Peso Slips Again
Chile's IPSA fell as a firm dollar pushed the peso weaker. Banks and retailers led the decline in a session marked by soft heavywe…
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Argentina’s Merval Slips as Bank Stocks Retreat
Argentina's Merval fell 0.79% to 3,001,209 on Thursday, pulled lower by banks, while the peso firmed slightly to 1,512 per dollar.…
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Mexico Stocks Dip as Central Bank Raises Growth Outlook
Mexico's S&P/BMV IPC closed at 66,091, down 0.15%, while the peso softened to 16.98 per dollar. The post Mexico Stocks Dip as…
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Brazil Markets Rise as Court Halts Oil Export Tax
Brazil stocks rose 0.31% as Petrobras added 3.0% on export-tax relief, and the real weakened slightly to 5.1618 per US dollar. The…
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Six Million Somalis Are Short of Food, and WFP Reaches One in Ten
The agency told the Security Council it has a tenth of the resources it had in 2022. The arithmetic of who gets fed follows from t…
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Libya Is Selling Europe Gas It Currently Cannot Export
Tripoli wants a billion cubic feet a day and a route to Italy. Its actual pipeline flows last year were the lowest in 22 years, an…
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Zinc Dips as Nexa Plunges 11% on Boliden Takeover
Zinc held near US$3,874 a tonne on Thursday, August 27, backing off from a midweek squeeze. Nexa Resources fell 10.78% to US$13.90…
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Lithium Stocks Jump as SQM Leads Battery-Metal Gains
The LIT lithium-miners ETF rose 1.59% to US$77.13 while Albemarle added 0.94% and Chile's SQM gained 2.75% on Thursday, August 27,…
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China’s imports from Nigeria hit $2.3bn in six months, up 80%
China imported goods worth nearly $2.3 billion from Nigeria in the first half of 2026, representing an almost 80 per read more Chi…
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Fitch Keeps Brazil’s Rumo at BB+ With a Negative Outlook, and Cosan Is the Reason
BRAZIL · MARKETS Key Facts —What happened: Fitch affirmed Rumo at BB+ on 26 August, removed the negative watch, and set…
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Alibaba Cloud Opens First South American Cloud Region in Brazil
Alibaba Cloud opened its first South American cloud region in Brazil on 27 August 2026, with two AI-focused data centres in Sao Pa…
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Argentina’s Deputies Pass Inocencia Fiscal II, Senate Next
Argentina's deputies backed Inocencia Fiscal II by 139 votes to 110. The bill widens the simplified income tax regime and still ne…