Emerging Markets

Brazil, Colombia, Chile to Sell Foreign Bonds as Commodity Revenue Tumbles Brazil, Colombia and Chile plan to sell bonds in international markets, part of a push by developing nations to bring in dollars to offset a six-month tumble in commodity exports.

Russia Reduces Natural-Gas Supply to Europe in Price Dispute With Ukraine Russia’s natural gas dispute with Ukraine worsened, shutting off fuel shipments to Europe for the first time in three years and driving energy prices higher.

Chile Will Tap Sovereign Savings, Sell Securities to Spur Economic Growth Chile, the world’s biggest copper supplier, will tap sovereign savings and sell bonds to fund $4 billion in spending as the credit crisis and slumping export demand stifles growth.

Emerging-Market Currencies May Extend Declines, Morgan Stanley's Jen Says Emerging-market currencies are poised for further losses as recessions force wealthier nations to rein in overseas investment, Morgan Stanley said.

Brazilian Stocks Rally for Sixth Day, Best Win Streak in Year; Ipsa Rises Brazilian stocks rose for a sixth day, their longest winning streak in almost a year, as speculation government spending will help ease the global recession fueled a rally for commodity producers and homebuilders.

Serbian Dinar Falls to Record Low Versus Euro on Gas Row, Corporate Flows Serbia’s dinar slumped to a record low against the euro as a gas dispute between Ukraine and Russia cut investors’ appetite for eastern European assets.

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