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IMF forecasts higher growth for Argentina this year, but reliability of official stats remains controversial
Argentina’s growth has recovered because of an abundant crop but economic activity continues to be contained because of the exchange rate and other administrative controls, according to the IMF latest World Economic Outlook (WHE), Latam and Caribbean chapter released on Tuesday. The IMF statement refers to Argentina’s export duties and the so called ‘dollar clamp’ which bans even saving in US dollars.

Rousseff and Mantega dispute IMF report on Brazil as 'incoherent'
Brazilian President Dilma Rousseff responded to the International Monetary Fund concern over the country's fiscal situation, saying Brazil was fulfilling its responsibilities. IMF claimed that Brazil's competitiveness had eroded in recent months and downgraded the country's growth forecast from 4.25% to 3.5%.

South Atlantic News Agency

Canada: Financial Sector Assessment Program-Intensity and Effectiveness of Federal Bank Supervision in Canada-Technical Note
Country Report No. 14/70

Canada: Financial Sector Assessment Program-Crisis Management and Bank Resolution Framework-Technical Note
Country Report No. 14/67

Official September inflation in Argentina 0.8%, less than half the so called Congress index
The Argentine government official Consumer Prices Index climbed 0.8% in September over August and reached 7.4% in the first nine months of the year, according to the National Stats Institute, Indec.

Canada: Financial Sector Assessment Program-Impact on the Insurance Sector of a Low Interest Rate Environment-Technical Note
Country Report No. 14/68

Canada: Financial Sector Assessment Program-Stress Testing-Technical Note
Country Report No. 14/69

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