Brazil slams brakes to curb inflation, risking hot money tsunami

[NewsWhore]

Brazil has raised interest rates sharply, following China, India and host of countries across the emerging world in acting to curb inflation and counter the flood of dollar liquidity from the US.

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/42176002/)