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Latin America falls short in saving commodity boom windfall -IMF
ReutersMEXICO CITY, May 6 (Reuters) - Latin American commodity exporters have largely failed to take full advantage of surging raw material prices to boost savings and a recent deterioration in external accounts bears watching, the International Monetary Fund...Tags: International Organizations, Lehman Brothers Holdings Inc., Credit Ratings, Politics, Exports
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Slovenia considers privatizations to avoid bailout
ReutersLJUBLJANA (Reuters) - Slovenia is looking to sell its largest telecoms operator and second largest bank, sources said, as it steps up efforts to shore up its finances and avoid an international bailout. The country is racing to convince investors it...Tags: International Organizations, Privatization, Credit Ratings, Politics, Weather Reports
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FACTBOX-Key facts about Mexico's tax system
ReutersMEXICO CITY, May 6 (Reuters) - Mexico's new government has promised a comprehensive review of its tax system, to be announced in the second half of 2013 along with an overhaul of energy policy. Here are some facts about the country's tax system: *...Tags: Politics, Government, World Bank Group, Chile, Argentina
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ANALYSIS-Mexico aims to overhaul tax system, raise revenue
ReutersBy Krista Hughes MEXICO CITY, May 6 (Reuters) - Tax breaks for attending "civic values" courses, tax-free sales of second-hand furniture, special treatment for call centers and an informal economy employing six out of 10 workers are all in the line of...Tags: Politics, Government, Energy Saving, Germany, Finance
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GLOBAL ECONOMY-Euro zone slump drags on, Chinese growth sags
Reuters* Euro zone downturn drags on, Chinese growth sags -PMIs * Data suggest global economic growth weakened in April * Euro zone retail sales fall in March By Andy Bruce LONDON, May 6 (Reuters) - Business growth flagged in China, recession dragged on euro...Tags: European Central Bank, China, Foreign Exchange Market, Germany, Finance
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COLUMN-China PMIs not bad, but a taste of changing economy: Clyde Russell
Reuters--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, May 6 (Reuters) - The easing in China's manufacturing indexes was almost universally characterised as a "bad" thing by markets,...Tags: HSBC Holdings plc, China, Credit Ratings, Upstream Oil and Gas Activities, Inventories
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Bankers whisper: Spain's bailout bill could rise
ReutersBy Sarah White MADRID, May 6 (Reuters) - Spain's bill to bail out its banks may yet rise, some bankers and analysts fear, as a worsening economy hampers the government's early attempts to sell off nationalised lenders and threatens the "bad bank" housing...Tags: Madrid (Spain), Realty, Moody's Corporation, Real Estate Sellers, Finance
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Exclusive: Oman may issue USD bond for first time in 17 years: finance minister
ReutersMANAMA (Reuters) - Oman is considering whether to issue a U.S. dollar-denominated sovereign bond, its first international bond since 1997 and its second ever, to facilitate debt sales by its private sector, finance minister Darwish al-Balushi told...Tags: Politics, Saudi Arabia, Energy Saving, Finance, International Monetary Fund
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Italy deputy econ minister calls for more time on deficit goal
ReutersMILAN (Reuters) - Italy should seek two more years to meet its deficit targets, new deputy economy minister Stefano Fassina said in a newspaper interview on Sunday, underscoring splits within the ruling coalition on the central issue of austerity versus...Tags: European Central Bank, Enrico Letta, Politics, Government, European Union
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EXCLUSIVE-Oman may issue USD bond for first time in 17 yrs -fin min
Reuters* High oil prices removed need to issue debt * But budget break-even oil price has been rising * Balushi says issue would create benchmark for corporates * Would be at least $500 mln, details not decided * Could prepare for deficit financing a few...Tags: Politics, Saudi Arabia, Energy Saving, Finance, International Monetary Fund
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COLUMN-Two ways to play the retail rebound
ReutersBy John Wasik CHICAGO, May 3 (Reuters) - With consumer stocks blazing this year, it makes sense for investors to focus on retailers as the U.S. economy continues an inchworm-like recovery. But retail is a fickle business. And trying to guess which...Tags: E-Commerce Industry, Best Buy Co., Inc., Stock Market, Office Equipment and Supplies, Office Supplies
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Two ways to play the retail rebound
ReutersCHICAGO (Reuters) - With consumer stocks blazing this year, it makes sense for investors to focus on retailers as the economy continues an inchworm-like recovery. But retail is a fickle business. And trying to guess which companies will survive over the...Tags: TJX Companies Incorporated, E-Commerce Industry, Best Buy Co., Inc., Stock Market, Office Supplies
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