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Daily Archives: Friday, 31 October 2014, 0:14

Brazil hikes interest rates after Rousseff’s re-election

Last Updated on Friday, 31 October 2014, 0:14 by GxMedia Brasilia, Oct 29 (EFE).- The decision by Brazil’s central bank to raise interest rates following President Dilma Rousseff’s re-election has taken the market by surprise. Interest rates were raised on Wednesday by a quarter percentage point from 11 percent, at which they have stood since April, to 11.25 percent. Brazil’s ...

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Massy’s CEO wants a business-friendly Caricom

Last Updated on Friday, 31 October 2014, 0:11 by GxMedia The President and Chief Executive Officer (CEO) of the Trinidad-based Massy group of companies, Gervase Warner has some harsh-words about the business-friendliness of the 15-nation Caribbean Community (Caricom). Warner says Caricom’s challenges for the region’s businesses include the absence of harmonized business regulations, reporting standards and other requirements. The CEO, ...

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