_Economy and Finance

China Economic 'Facade' Starts to Show Cracks: Chanos Published: Wednesday, 18 May 2011 | 8:16 AM ET By: Jeff Cox China's economy is showing real signs of weakening, particularly in real estate, and even could tip into a recession, hedge fund manager Jim Chanos told CNBC.

Brazil talks tough on inflation, urges gov't to help Thu Jan 27, 2011 4:47pm EST Brazil's budget deficit, including debt repayments, stood at 14.4 billion reais ($8.6 billion) in November, nearly five times larger than a year earlier. JOBS, INFLATION SURGING Neil Shearing, senior emerging markets economist at Capital Economics Ltd in London, said the central bank's minutes "are unequivocally hawkish." "If there were any lingering doubts as to whether or not (the central bank) would shift priorities under the new governor, Alexandre Tombini, I think they've been well and truly banished now," Shearing said. (more)

Global economy going nowhere fast NEW YORK (CNNMoney.com) -- So much for merger mania getting investors excited. Stocks were off to a brutal start Tuesday, following a lackluster Monday. Even though the pace of corporate takeovers is picking up, investors just aren't buying the notion that more mergers could lead to higher stock prices. ...