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Brazil’s economic activity grows, IMF hopeful on recovery

Brazil’s economic activity grows, IMF hopeful on recovery

The IMF is urging Brazil's government to implement tough austerity and reform measures to kickstart economic recovery.

US urged to join China-led investment bank

US urged to join China-led investment bank

Trump national security adviser James Woolsey said in an editorial that opposition to the AIIB was a "strategic mistake".

Back in India, Modi faces currency heat

Back in India, Modi faces currency heat

Modi has insisted that demonetization is an essential move to tackle graft and crack down on black money.

Petrobras reports unexpected Q3 loss

Petrobras reports unexpected Q3 loss

Brazil's biggest company is currently restructuring to deal with crippling debt, low oil prices, and a corruption probe.

Brazil’s economic recovery tests Temer

Brazil’s economic recovery tests Temer

A revitalized economy is now pushed back to begin in Q2 2017, rather than the beginning of the new year.

Brazil ripe for reforms, says finance minister

Brazil ripe for reforms, says finance minister

Temer called on senators to support a proposed constitutional amendment that caps federal spending.

Charges dropped against SA’s Gordhan

Charges dropped against SA’s Gordhan

South Africa's National Prosecuting Authority reviewed the fraud charges and found them without merit.

Chinese firms to begin ‘new Egypt capital’ in 2017

Chinese firms to begin ‘new Egypt capital’ in 2017

China Fortune Land Development Company has agreed to provide $20 billion over the coming 10 years for the city.

China’s leading oil producer sees profits plunge

China’s leading oil producer sees profits plunge

PetroChina's crude output fell to 696.6 million barrels in the first three quarters from 722.9 million barrels a year earlier.

South Africa’s Finance Minister to announce budget

South Africa’s Finance Minister to announce budget

“I have a job to do in a difficult economic environment and serve South Africa as best I can."