Two weeks ago I would have expected Brazil's Finance Minister to be forced out before Argentina's Finance Minister...   However, Palocci is a close ally of Brazil's Lula; Argentina's Lavagna has neve…

Sovereign funds argue that they are only interested in financial returns. And to be sure, they do care about financial returns. Losing money generally isn’t good for a sovereign fund’s long-term h…

Plenty of signs suggest that a fair amount of money is leaving Japan to look for higher yields elsewhere.    More and more of those outflows seem to be coming from leveraged investors who borrow yen …