Tough inflation fight for Argentina.(Brief article)
Argentina's battle with inflation continues. Last month,
Market: Latin America (14:4) reported on an apparent setback as March
2006 inflation rose sharply when compared with February 2006 . . .
Guatemala registers slight economic progress.
One obvious and comfortable observation following from the
representations on graph above is that the level of economic of activity
in Guatemala is improving and has been for some time-specifically . . .
Domestic spending in Chile increases.
Chile's consumers are spending. According to an August 31,
2005 report from Bloomberg News, domestic demand will rise 9.8 percent
by the time the country's 2005 accounts are tallied, compared . . .
The economic situation in Ecuador deteriorates.
Over the past decade, the average rate of growth of the Uruguayan
economy was 1.3 percent per year. The calculation is based on
International Monetary Fund (IMF) statistics, and includes the
IMF's . . .
MAJOR CREDIT CARD PROGRAM IN MEXICO.(Brief Article)
In early July, the Associated Press reported that Mexican consumers
would soon be able to used their debit and credit cards in a wider
selection of stores around the country. The Association of . . .
The Mexican economy advances.
At 6:05 EDT on the morning of April 21, 2006, Bloomberg News, as is
its custom when major Banco de Mexico announcements are to be made, put
a story out on the wire with the results of its survey of . . .
Beauty and toiletries.
"Beauty-driven consumption," says a December 30, 2005
Associated Press (AP) story, "is rampant at all income
levels." The reference was to Venezuela where, even though a
socialist revolution is . . .
Stirrings of promise in Jamaica.
Jamaica's finance minister is optimistic about the
country's future. He sees a developing investment climate and an
expansion of Jamaica's small and medium enterprises (SMEs). In a
wide ranging . . .
Public and private transportation in Latin America.
Many marketers look at car sales as an indicator of the general
economic health in a region. If this rule of thumb is accurate, then
economic health in Latin America is quite good.
On July 17, . . .
Tough times for Brazil's farmers.
A serious drought in the southern part of Brazil is going to mean
that the country will harvest 15 percent less grain than expected. This
is the second year in a row that the harvest has not met . . .
Challenges emerge for Uruguay's recovery.
The most widely covered current news from Uruguay focuses on a
dispute between Argentina and Uruguay over the construction of two
European Union (EU) financed paper mills. The plants are to be . . .
Colombia acts to pre-empt inflation threat.(Brief
article)
Colombia, the fourth largest economy in the Latin American region,
is growing at its fastest pace in a decade. "Sustained consumer
demand" is one of the main drivers behind the growth, according . . .
Conflicting signals from Mexico.
On August 26, 2005, having achieved its goal of slowing economic
growth and inflation, the Bank of Mexico, the country's central
bank, cut interest rates after having raised rates 12 consecutive . . .
Brazil growth stronger than expected.(Brief Article)
In the second quarter 2005, Brazil's consumers responded to
the Central Bank of Brazil's (BCB) early 2005 high interest rate
policies by cutting back on spending. As a result, initial August . . .
Nicaragua hit by rising oil prices.
Reporting from Managua on June 27, 2005 the Latin American newswire
Prensa Latina (Havana) said that prices for basic foods in Nicaragua
were rising. The central reason is increasing oil prices.
. . .
Brazil recovers, albeit slowly.(consumer research)
According to an Agencia Brasil wire service story in Brazzil
Magazine (Los Angeles) published on April 26, 2006, consumers in Brazil
are losing confidence in the country's economy. The . . .
Bolivia seizes its natural gas industry.(Brief article)
On May 3, 2006, one day after Bolivia's president sent the
country's army to the country's 56 gas industry locations to
enforce a decree nationalizing the gas industry, the Associated Press
(AP) . . .
Argentine recovery continues.
The Argentine economy continues to perform well.
According to a story posted on the MercoPress (Montevideo) Website,
August 17, 2005, Argentina's economy expanded by 9 percent during
the first . . .
Peru grows, migration increases.(Brief Article)
Peru's economy is growing and the growth appears to be coming
from investments in the country's provinces, as oposed to its urban
areas. Dow Jones reported in mid-August that government officials . . .
Cuban consumers in an epic struggle.
It's summer in Cuba, and the nights are long - the annual
power blackouts are in effect. Only this year they are longer and more
disruptive than usual, according to a July 21, 2005 story in the . . .
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