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Chile and Peru left their benchmark interest rates unchanged yesterday as policy makers expect growth to accelerate after slowing in the first quarter.
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Peru’s central bank kept borrowing costs unchanged for a 25th consecutive month on expectations the economy will rebound after growing at the slowest pace in more than three years in the first quarter.
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A new global climate-protection agreement must be flexible enough to account for a growing share of the world’s greenhouse-gas emissions being produced in Asia, a senior Polish climate official said.
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Philippine investigators have endorsed charges against coast guard officers involved in a confrontation that killed a Taiwanese fisherman, a shift that may improve strained relations between the two nations.
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Peru’s central bank probably will keep borrowing costs unchanged today for a 25th straight month on expectations that the economy will rebound from a first- quarter slowdown.
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Peru’s President Ollanta Humala turned down a request from the family of jailed former leader Alberto Fujimori to release him from jail.
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Protests by indigenous people in Brazil’s Amazon region over hydroelectric projects are boosting costs for companies building dams including Odebrecht SA and Grupo Andrade Gutierrez SA, said Energy Minister Edison Lobao.
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Brazil is eliminating a tax on foreign investment as it seeks to arrest the decline in the real to help central bank President Alexandre Tombini rein in consumer prices.
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Qatar said it’s making “extensive efforts” to raise foreign ownership limits of companies on its bourse, a week before MSCI Inc. decides whether to upgrade the nation to emerging market status.
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Portugal’s economy shrank for a 10th quarter in the three months through March as investment dropped and the government cut spending.
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