Beware the ending of a bond epic
Investors continue to buy into the 30-year bond epic, but it is not hard to predict a dire ending - the bursting of another huge bubble, says Jonathan Davis
Argentina relaxes monetary targets
Central bank move to increase the upper limit of money supply expansion heralds a stance that favours stoking growth over reining in inflation
Uruguay
Plans are afoot to create a clearing house for domestic government debt
Oil euphoria puts Lula's legacy at risk
Oil discoveries have fed the Brazilian president's geopolitical ambitions, while fuelling election fever, writes Norman Gall
Foreign investors cooler on Brazil
The ardour of foreign equity investors for Brazil has cooled this year as attention has turned to other emerging markets