Latin America

Latin America

Sovereigns shape up for differentiation

Essien’s Ecobank charm offensive

Essien’s Ecobank charm offensive

Albert Essien has brought much-needed calm to the bank

Tuesday, March 6, 2012

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WireTap 1400 06/03/12

by Euromoney Skew

A round-up of the key stories across the specialist financial media, including news that Greece's international creditors are considering whether to grant the country a small tranche of the bailout agreed earlier this month to increase liquidity in the economy



Greece pushes for aid tranche

Greece's international creditors are considering whether to grant the country a small tranche of the €130 billion bailout agreed earlier this month in the weeks ahead as part of efforts to pump liquidity into the country's moribund economy.

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Portugal in sights as yields fuel bailout talk

Portuguese bond yields are rising as investors are busy putting cheap money from the European Central Bank to work elsewhere.

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Swiss parliament backs tax amendment

Switzerland’s powerful bankers association breathed a collective sigh of relief after parliament on Monday night passed legislation that could diffuse a simmering dispute with the US over bank secrecy.

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OECD inflation rate dips

The annual rate of inflation across developed economies fell in January for the second straight month, reaching its lowest level since March.

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FTSE’s drift from 5,900 accelerates

Broad-based selling set the FTSE 100 on course for its third successive session of losses on Tuesday, as its drift away from the 5,900-point mark accelerated.

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