Venezuela's consumers are spending, but for how
long?
Of course the consumer optimism illustrated by the graph
above-retail sales growing strongly in Venezuela-is overshadowed by the
alarmist headlines following the current president's
"socialism or . . .
Venezuela growth to slow in 2007.(Country overview)(Brief
article)
Although two of the sources listed in this piece have a reputation
for objective analysis, they are both grounded in, shall we say, the
broad context of their origins. And that provides an . . .
Peru's economy makes impressive strides.(Country
overview)
At a signing ceremony in Lima finalizing a deal with mining
companies to allow them to invest in more social programs-covered by the
Dow Jones newswires-Peru's current President said, "To grow
7.0 . . .
Peru's economy expands strongly.(Bloomberg News
report)(Brief article)
A story filed on the Bloomberg News wire on November 30, 2006,
reported that in the period from July 2006 through September 2006
Peru's economy grew at the fastest rate in 44 quarters. Exports . . .
Ecuador's voters cast their ballots for economic
change.(presidential elections)
Polls completed before the runoff presidential election in Ecuador
on November 26, 2006 indicated that the results might be close. The
polls were wrong.
The leftist political candidate defeated . . .
Generic drugs.(Industry overview)
In 2005, local and multi-national drug companies sold
us$23.5-billion worth of pharmaceuticals in Latin America.
Mexico and Brazil were by far the biggest markets for
pharmaceuticals. They were . . .
Mexico will grow moderately in 2007.(Country overview)
Declining oil prices on the global market have contributed to a
weakening of the leading index of economic indicators for Mexico,
according to figures released by the Conference Board (New York) . . .
Car sales.(trends)
A Canadian Press (CP) December 28, 2006 wire service filing
reported that some economists were saying that a commonly referenced
worldwide 5-year car sales cycle boom was coming to an end.
. . .
Argentina reports record confidence.(consumer confidence
index)
Argentina's consumer confidence index reached its highest
point in several years with the October/November 2006 reading hitting
around 58 points. This is substantially higher than the average of . . .
Consumer electronics in Latin America.(Infoamericas market
research)
The growth of consumer electronics sales in Latin America is a
function of the increased availability of consumer credit. This is the
main conclusion of an analysis offered by Infoamericas (Miami) . . .
Nicaragua to pursue a moderate agenda.(Daniel Ortega)(Brief
article)
What many people do not realize about the return of Daniel Ortega
to Nicaragua's presidency is that this is not a sudden reemergence.
Ortega was sworn in on January 11, 2007 after a 17 year fight . . .
Colombia's economy surges at year's end.(Country
overview)
Colombia's experience in 2006 is a good example of how
volatile the economic fortunes of even an entire country can be. In
Colombia's case, the swing is to the up side.
The Associated Press (AP) . . .
Gap between Costa Rica rich and poor grows.(Country
overview)(Brief article)
Costa Rica has noted a growing gap between rich and poor in its
country despite the fact that GDP growth statistics are highly
favorable. The International Monetary Fund (IMF) estimated in . . .
Possible bias in Panama Canal benefits.(economic effects of canal
widening)
On November 30, 2006, Panama's Ministry of Economy and Finance
said that the country's economy grew 8 percent in the third quarter
2006.
This follows growth of 8.3 percent in the first quarter . . .
Retail sales advance in Brazil.(Reuters report)(Brief
article)
There was an even split among Brazil's four retail sectors.
Two advanced and two declined as overall retail sales increased 0.51
percent in October 2006 compared with September 2006. The . . .
Mexico's economy affected by oil prices.(Brief
article)
Mexican consumer prospects were enlivened somewhat in November 2006
with the country's Leading Economic Indicators and the related
Composite Indexes both advancing. The leading index increased . . .
Prospects for Jamaica 2007 are uncertain.(economic conditions,
impact of global economy trends)(Country overview)
Jamaica's consumers greet 2007 hopeful, but seriously exposed.
The significant exposures include the weather. Located in the Caribbean
the country is at the mercy of environmental shocks, . . .
Court rules in favor of Argentine consumers.(Brief
article)
During the financial crisis of 2001-2002, Argentina's banks
froze the savings accounts of its depositors on orders from the
government. The freeze was maintained through a number of . . .
Chile is expecting a slowdown.(Bloomberg News on economy)
It has been quite awhile since the Central Bank of Chile (BCC) has
had to think about stimulating growth in the country. In a November 16,
2006 Bloomberg News story, the wire service said, "The . . .
Mexico's economy strong in 2007 and 2008.(Organization for
Economic Cooperation and Development report)(Brief article)
On November 28, 2006, the Organization for Economic Cooperation and
Development (OECD) issued a preliminary report on prospects for the
Mexican economy for 2007 and 2008. Among the central . . .
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