Trump’s Trade War Complicates Le Pen’s Culture War

Uncertainty about a key vote on South Africa’s budget and what it portends for South Africa’s coalition government triggered a slump in the rand and bonds.

Uruguay is prepared to further hike interest rates if needed to guide inflation and price expectations to the 4.5% target as the South American country seeks to build on its recent success in cooling consumer prices, Central Bank Chairman Guillermo Tolosa said in an interview.