Showing results for "Galapagos"
economics
Brazil to Keep Half-Point Pace of Interest Rate Cuts for NowBrazil’s central bank is widely expected to deliver a sixth consecutive cut of half a percentage point to its key interest rate, potentially signaling it may soon reduce the pace of monetary easing as inflation risks grow.March 20, 2024
markets
Brazilian Growers Go Bust in Blow to $7 Billion Farm-Credit BoomAgricultural powerhouse Brazil is harvesting one bumper crop after another. Yet, growers are going bankrupt at an alarming rate, dealing a blow to investors in the fast-growing $7 billion market for agribusiness funding.March 11, 2024
economics
Ueda Mulls Rate Hike in Rare Case of BOJ Facing Scant OppositionGovernor Kazuo Ueda is in a rare sweet spot for Japanese monetary officials as he weighs a historic policy move with virtually no political opposition, in sharp contrast to the experiences of his Bank of Japan predecessors.February 13, 2024
green
Kenya Explores Sustainability Swap Market Ahead of a $2 Billion Debt DeadlineKenya is looking into a kind of debt swap that would bolster its finances as it faces a crucial repayment deadline, while channeling funds into basic social services, according to people familiar with the early-stage deliberations.January 17, 2024
politics
What’s Happening in Ecuador? Gang Violence, Adolfo Macías, State of EmergencyEcuador’s intensifying war with narcotics gangs spilled into the open in January. In just a few days, two notorious drug lords escaped from jail, uprisings broke out in multiple prisons in which inmates took guards as hostages, and a TV station was overrun by masked gunmen in a scene that was broadcast live. The mayhem highlighted Ecuador’s rapid descent from tranquil tourist destination to war zone — and one of the most dangerous places in the world.January 12, 2024
politics
Drug Lords’ Jail Escape Unleashes Violent Mayhem in EcuadorScared residents too afraid to leave home for work or even the basics. Tourists learning flights to a dream Galapagos vacation had been canceled. Farmers left stranded on rural roads, waiting for public buses that wouldn’t come.January 10, 2024