Turkey Gets Aggressive on Rates

Turkey’s central bank Tuesday aggressively increased overnight lending rate/interest rates to shore up the lira at an extraordinary policy meeting billed as a test case for under-pressure emerging markets. The central bank raised its overnight lending rate to 12% from 7.75%, raised its one-week repo rate to 10% from 4.5% and raised its overnight borrowing

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Slim buscará, como en Holanda, control de Telekom Austria, dice Reuters

Carlos Slim, el segundo hombre de negocios más acaudalado del planeta y dueño de control de América Móvil, la mayor empresa de telecomunicaciones en América Latina, reanudará este año sus esfuerzos por controlar una empresa europea a fin de poder penetrar ese mercado, reportó la agencia de noticias Reuters, citando fuentes bancarias y de la

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U.S. Economy Starts to Hit Growth Stride

A potent mix of rising exports, consumer spending and business investment helped the U.S. economy end the year on solid footing. Gross domestic product, the broadest measure of goods and services churned out by the economy, grew at a seasonally adjusted annual rate of 3.2% in the fourth quarter, the Commerce Department said. That was less than

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Nuestros pronósticos… y no del tiempo

“Si debes pronosticar, pronostica seguido Estas son las proyecciones que tenemos para las principales variables económicas y financieras de México y de Estados Unidos. •          El escenario que respalda los números contempla una recuperación en el crecimiento económico local, y externo. •          La regularización de la política monetaria de Estados Unidos, que significa que se

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J.P. Morgan Settles Sex-Discrimination Lawsuit

J.P. Morgan Chase has agreed to pay $1.45 million to settle a sex discrimination lawsuit that says the bank maintained a “sexually hostile work environment” toward its female mortgage bankers. The lawsuit, filed by the U.S. Equal Employment Opportunity Commission, says female mortgage bankers assigned to the bank’s PolarisPark facility–located outside Columbus, Ohio–faced “sexually charged behavior and comments from

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Inflación últimos doces meses en 4.48%

La inflación general de todo enero se ubicó en 0.89%, muy por debajo de lo esperado en 0.96% de acuerdo con la encuesta de Banxico, el 0.98% de la encuesta de Banamex y del 0.97% del pronóstico esperado por Reuters.  También la inflación subyacente, que mostró un incremento mensual de 0.85%, resultó por debajo de

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14 Luxurious Vacation Homes for a Greek Island Getaway

Vacation season is in full swing, so if you haven’t booked a trip yet, stop procrastinating and make your next getaway a reality. Recently, Lonely Planet released their Best in Europe list for 2014, and not surprisingly, Greece was the top spot. The country has used tourism to revive its financial debt over the past

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