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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI: PBOC Net Drains CNY216 Bln via OMO Monday
MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
MNI BRIEF: Japan Q3 Capex Up Q/Q; GDP Revised Lower
Duque Names Jose Manuel Restrepo As New Finance Minister
- After the resignation of Colombia's Finance Minister Alberto Carrasquilla and Deputy Finance Minister Juan Pablo Zarate on Monday, President Duque named Jose Manuel Restrepo, the current Trade Minister, to step in as Finance chief.
- The reshuffle comes after days of bloody street protests pushed the government to shelve the plan to raise taxes.
- Carrasquilla faced a backlash from lawmakers from across the political spectrum since presenting his proposal last month, and said in a statement that his continued presence in government would "make it difficult to build the necessary consensus quickly and efficiently."
- Analysts note that the placement of a fresh official might be able to garner more support with various factions across congress.
- Markets will now await news about the introduction of a new tax plan, expected to be significantly watered down from the original bill.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.