Glossary of International Investing Terms
What is a LTRO – Long-term Refinancing Operation
Learn what LTRO stands for and how it's used by the European Central Bank to provide liquidity to banks and lower bond yields to countries.
What is a Bank Reserve Ratio?
Discover what bank reserve ratios are and how they affect stocks and bonds.
What is the EFSF?
Learn what the EFSF is and how it helps combat European sovereign debt crisis.
What are the PIIGS?
Learn all about the term PIIGS and what it means in today's global economic environment.
CIVETS
Six emerging markets favored in 2009 by The Economist's Robert Ward.
Next Eleven (N-11)
The eleven countries with the highest potential of becoming the world's largest economies.
Brazilian Real
Brazil's bustling currency.
MINT
Four promising emerging markets for the next ten years.
PIIGS
Five countries perceived as weak following the 2008 economic crisis.
European Central Bank (ECB)
The European Central Bank is the European Union's institution in charge of monetary policy.
BM&F Bovespa
The BM&F Bovespa is Brazil's primary stock exchange with a market capitalization of nearly $1.5 trillion.