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European Latin leaders push capital flow clause at Rio summit
Diplomats raced to resolve language on regulating international capital movement ahead of a two day Rio de Janeiro summit. Brazil seeks wording on capital controls to curb volatility, arguing it would ease global financial crises. others remain unsure. The draft declaration, to be signed by Latin American European leaders, could mark a victory for Brazil even as views differ on binding nature.
MENTIONED IN THIS ARTICLE
Rio DE Janiero
Brazil
Chile
Rio de Janeiro
Asia
O Globo of Rio
Jose Alfredo Graca Lima
Rio
Museum of Modern Art
Europe
Francisco Gomes
European Commission
Thailand
Germany
Portugal
Spain