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Ivory Coast opens Brady bond exchange offer
The exchange offer ends on April 6, advisers Lazard said in a statement, and for every $1,000 of exchangeable debt tendered, the holder will receive $800 principal of new bonds. The defaulted Brady bonds total around 2.2 billion euros and preliminary

Nigeria inflation stable at 12.3 pct in Feb
ABUJA (Reuters) - Nigeria's consumer inflation was unchanged at 12.3 percent year-on-year in February against the previous month, the National Bureau for Statistics said on Monday.

Africa: IMF Sees Continent Shunning Dependence for Trade and Prosperity
Dominique Strauss-Kahn, the International Monetary Fund (IMF) managing director, recently visited Kenya as part of his African tour. While in the country, Mr Strauss-Kahn took part in a panel discussion on Africa's Economic Transformation: The Road

Sensex ends flat on rising inflation
Mumbai: Amid inflation soaring to 16-month high in February, the Bombay Stock Exchange benchmark Sensex closed flat at 17,164.99 points discarding reports of good health of India Inc as reflected in their advance tax payments for March quarter. After a

Ivory Coast opens Brady bond exchange offer
LONDON (Reuters) - Ivory Coast, the world's top cocoa producer, has invited holders of six Brady bonds to exchange them for 23-year U.S. dollar-denominated bonds, in a deal that involves the exchange of 2.2 billion euros in debt. The exchange offer ends

Emerging markets are the place to be, but should you be looking for income or growth?
David Hogarty, high dividend specialist at KBC Asset Management looks at the growth of emerging market investmentInvestment in emerging regions has escalated over the past number of years with many investors committed to the idea of generating extra

Mexico killings: How the drug war crippled the Juarez economy
As officials search for a motive behind the Mexico killings of US consulate employees in Cuidad Juarez, a local business group president points to the economic disaster that Mexico's drug war wrought in this industrial border city. Mexico killings: The

India Inflation Soars to 10%
The Indian inflation rate for February virtually hit the 10% double digit level by coming in at 9.89%, significantly above market expectations and the RBI's 8.5% target as another example of the worldwide manifestation of the Inflation Mega-trend which

Indian inflation
India's inflation almost hit double figures in February, government data showed yesterday, surging to 9.89 percent from 8.56 percent in January. The year-on-year rise in the

Egypt stock market falls on Mubarak health worries
CAIRO (AFP) - Share prices fell in Egypt on Monday over what analysts said were concerns about the health of President Hosni Mubarak who has not appeared in public since surgery in Germany on March 6. Egypt's benchmark EGX 30 index fell 3.84 percent by

Poland Feb. Consumer Price Inflation Slows
EDITOR'S PICKS MOST READ MOST E-MAILED 3/15/2010 9:24 AM ET TOP MARKET NEWS (RTTNews) - Monday, Poland's Central Statistical Office announced that the consumer price index or CPI rose 2.9% on an annual basis in February, slower than the 3.5% growth in

Croatia Consumer Price Inflation Eases In February
EDITOR'S PICKS MOST READ MOST E-MAILED 3/15/2010 8:25 AM ET TOP MARKET NEWS (RTTNews) - Monday, Croatia's Central Bureau of Statistics announced that the consumer price index or CPI rose 0.7% on an annual basis in February, slower than the 1.1% growth in

Egypt stock market falls on Mubarak health worries
CAIRO (AFP) Share prices fell in Egypt on Monday over what analysts said were concerns about the health of President Hosni Mubarak who has not appeared in public since surgery in Germany on March 6. Egypt's benchmark EGX 30 index fell 3.84 percent by the

EBRD to Fund Armenian Subway
Reconstruction of the Yerevan underground railway in Armenia will be assisted by a loan of 15m ($20m) by the European Bank for Reconstruction and Development (EBRD). Funding for the state-owned subway will be provided by the EU, the EBRD and the European

Copper down on concern over China monetary policy
* Stocks of copper fall again (Updates prices, adds analyst's comment) LONDON, March 15 (Reuters) - Copper prices fell on Monday as investors worried that potential monetary tightening in China could cap demand from the world's top consumer of base

Nigeria inflation stable at 12.3 pct in Feb
Nigerian boy selling loaves of bread along Aba road in Port Harcourt Nigeria ABUJA (Reuters) - Nigeria's consumer inflation was unchanged at 12.3 percent year-on-year in February against the previous month, the National Bureau for Statistics said on

India Finance Minister: High Inflation To Last A Bit Longer
Dow Jones Newswires NEW DELHI -(Dow Jones)- India's high inflation levels would last some more time but the pressure from high food prices--the main driver of inflation--is easing, Finance Minister Pranab Mukherjee said Monday. "I am afraid we will

U.S. Stocks Fall on Concerns Over Credit Rating, China Economy
March 15 (Bloomberg) -- U.S. stocks fell for a second day after Moodys Investors Service said the nation has moved closer to losing its AAA credit rating and concern grew that China and India will restrict economic growth to curb inflation. Exxon Mobil

Market Update: Shares drift lower as miners suffer from China inflation fears
Share prices continue to chart a narrow course as tensions continue over the Chinese currency and Eurozone finance ministers discuss support measures for Greece. Evidence of lower house prices and a warning from the Bank of England that anaemic growth

Bulgaria's inflation at 0.9% Feb'10
- Bulgaria’s inflation sped up to 0.9% year-on-year in February, according to the latest figures by the National Statistical Institute (NSI). This is a slight rise from January’s 0.5%/ On a monthly basis, inflation was almost flat at 0.6% in February

Poland Feb. Consumer Price Inflation Slows
(RTTNews) - Monday, Poland?s Central Statistical Office announced that the consumer price index or CPI rose 2.9% on an annual basis in February, slower than the 3.5% growth in the previous month, revised from 3.6% increase estimated initially. Economists

Most U.S. Stocks Fall on Concerns Over Credit, China Economy
March 15 (Bloomberg) -- Most U.S. stocks fell for a second day as growing concern that China and India will restrict economic growth to curb inflation weighed on commodity producers, overshadowing a rally in consumer-staples shares. Exxon Mobil Corp. and

Templeton Emerging Markets Income Fund ("TEI") Announces Dividend
SOURCE: Franklin Templeton For full details on Franklin Resources Inc (BEN) BEN. Franklin Resources Inc (BEN) has Short Term PowerRatings at TradingMarkets. Details on Franklin Resources Inc (BEN) Short Term PowerRatings is available at This Link. For

Templeton Emerging Markets Income Fund ("TEI") Announces Dividend
(MARKETWIRE via COMTEX) ----Templeton Emerging Markets Income Fund (NYSE: TEI) today announced its quarterly dividend from net investment income of $0.25 per share, payable on April 15, 2010 to shareholders of record on March 31, 2010 (Ex-Dividend Date:

IMF:Latvia Economic Downturn Bottoming Out But No Recovery Yet
Dow Jones Newswires STOCKHOLM -(Dow Jones)- The International Monetary Fund said Monday that Latvia's sharp economic downturn is starting to bottom out, though the economy hasn't yet begun to recover. "The authorities have improved their program

India's inflation rose to 9.89 pc in February
The annual inflation rate was 3.5 per cent in February 2009.

Delfeld: Most Investors Significantly Underweight Emerging Markets
Carl T. Delfeld submits: Boulder, Colorado-based financial investment advisor and publisher Carl Delfeld began 2010 with a bang, launching ETF Passport , a newsletter and hands-on ETF advisory service for institutional investors trying to navigate the

Below 17,060, Sensex likely to test 16,958-16,875: Angel
``Markets traded in a narrow range with extreme choppiness to close on a flat note. On the daily chart, the series of narrow range bodies clearly indicates that the preceding up move is losing steam and that the markets are showing no clear trend. Hence

India Finance Minister: High Inflation To Last A Bit Longer
NEW DELHI -(Dow Jones)- India's high inflation levels would last some more time but the pressure from high food prices--the main driver of inflation--is easing, Finance Minister Pranab Mukherjee said Monday. 'I am afraid we will have to deal with it