| * EU lifts Myanmar sanctions * Russia to dip into reserve fund * Brazil education groups in $2.5bn tie-up * Bumi shares halted amid payments concern * Argentine corruption: business as usual? * Poland and the euro: closer Markets: mixed EU lifts Myanmar sanctions EU foreign ministers on Monday lifted all but military-related sanctions against Myanmar from the end of the month, amid fresh accusations that the government took part in ethnic cleansing of Rohingya Muslims in western Rakhine state. http://www.ft.com/intl/cms/s/0/4e07bd72-ab86-11e2-ac71-00144feabdc0.html#axzz2RFzcSDGq Russia to dip into reserve fund President Vladimir Putin has called for Russia to use reserves from its rainy day fund to fund long-term infrastructure investments amid fears of a recession. http://www.ft.com/intl/cms/s/0/d3a7bb34-ab64-11e2-ac71-00144feabdc0.html#axzz2RFzcSDGq Brazil education groups in $2.5bn tie-up Brazil's two largest private tertiary education companies have agreed to combine in a private equity-backed deal that will create the world's biggest for-profit operator by market capitalisation. http://www.ft.com/intl/cms/s/0/fab10e34-ab8b-11e2-ac71-00144feabdc0.html#axzz2RFzcSDGq Bumi shares halted amid payments concern Bumi, the Indonesian coal miner founded by Nat Rothschild, has suspended its shares as it tries to account for tens of millions of dollars in payments to local landowners. http://www.ft.com/intl/cms/s/0/f519c2b2-ab2d-11e2-8c63-00144feabdc0.html#axzz2RFzcSDGq Argentine corruption: business as usual? Corruption is a popular spectator sport in Argentina – at least to judge by the TV ratings of a show by the country's most prominent investigative journalist. http://blogs.ft.com/beyond-brics/2013/04/22/argentina-and-corruption-business-as-usual/#axzz2RFzn9gao Poland and the euro: closer In or out? That's the question as Poland's leaders send mixed messages about just how aggressively the country plans to move towards adopting the euro. http://blogs.ft.com/beyond-brics/2013/04/22/poland-and-the-euro-closer/#axzz2RFzn9gao Emerging Markets MSCI Emerging Market Index up +0.08% at 1,012 Americas DJIA up +0.14% at 14,567 S&P 500 up +0.47% at 1,563 Bovespa up +0.68% at 54,298 Asia Nikkei 225 down -0.33% at 13,523 Topix up +0.03% at 1,146 Hang Seng down -1.15% at 21,792 Shanghai Composite down -2.14% at 2,194 MSCI Asia ex-Japan down -1.07% at 533.85 CNX Nifty down -0.32% at 5,816 Currencies €/$ 1.30 (1.31) $/¥ 98.57 (99.21) Commodities Brent Crude (ICE) down -0.62 at 99.77 Light Crude (Nymex) down -0.51 at 88.68 100 Oz Gold (Comex) up +8.50 at 1,430 |