IMF loan to secure Brazil

BRAZIL - The International Monetary Fund has approved a $15.6bn stand-by loan for Brazil in the aftermath of Tuesday's attacks on the US.

Although it is was expected, the approval comes as Latin America's largest economy is now expected to suffer investment difficulties on top of existing economic troubles in neighbouring Argentina and a domestic energy crisis.

Analysts expect investment in emerging economies to slow after the attacks, which would make it difficult for Brazil to meet its forei