African Development Bank says World Bank chief’s criticism “misleading”

Reuters | Feb 14, 2020 at 5:01 AM

The African Development Bank on Thursday pushed back against World Bank President David Malpass’ comments that it and similar regional development banks were contributing to emerging market debt problems, saying that his criticism was “misleading and inaccurate.”

Brazil’s credit revolution in charts

Financial Times | Feb 14, 2020 at 5:00 AM

…On February 6, Brazil’s central bank cut its policy interest rate to 4.25 per cent. It brought the rate, known as the Selic, to an all-time low after 17 successive cuts since October 2016, when the…