Brazil focuses on battling inflation.
Reporting from Washington on April 13, 2005, Reuters quoted the
chief economist of the International Monetary Fund (IMF) as saying that
Brazil's economy performed well during 2004. He . . .
Consumer confidence in Peru falls.(Brief Article)
Dow Jones, reporting from Lima on April 25, 2005, said that
Peru's consumer confidence fell slightly in April 2005. The
confidence numbers only tell what's going on in the Lima area
because anyone . . .
Jamaica's consumers more optimistic.
Jamaica's economic prospects are remindful of the title of
Richard Farina's 1960s novel ``Been Down So Long Seems Like Up to
Me''. The country's economy actually contracted each year
from 1996 to . . .
Complaints from Mexico's border cities.(Free Trade
Agreement, 1992, United States-Canada-Mexico)(Brief Article)
A recent story in the San Diego Union-Tribune expressed a number of
concerns on the part of Mexican interests that the North American Free
Trade Agreement (NAFTA) was not delivering on its implied . . .
REFORMS IN EL SALVADOR ARE WORKING.
El Salvador occupies a unique position in Central America in spite
of its geographic size slightly less than the State of Massachusetts
says the CIA's World Factbook and small population . . .
Mexican shoppers and the new retailing.
A recent examination of the structure of the retail sector in
Mexico indicates that the influx of large foreign retailers, and the
expansion of well-known local chains, is having an impact on how . . .
Ecuador after Gutierrez.(Brief Article)
No genuine consensus has developed over Ecuador's economic
prospects following the ouster of former President Lucio Gutierrez. But
the Business Wire (San Francisco) news service published a release . . .
Brazil's consumers not quite convinced.
Brazil's consumers and the International Monetary Fund do not
share the same opinion about the state of Brazil's economy.
For the second month in a row, consumer confidence has . . .
Low interest rates in Chile boost spending.(Brief
Article)
Chile's central bank can thank the country's consumers
for its pleasant task in January - revising its prediction of the
country's growth in 2005. Consumers, in turn, can thank the central
bank for . . .
BRAZIL WALKS A TIGHTROPE FIGHTING INFLATION.
The results are in on South America's largest economy:
Brazil's GDP grew 5.2 percent in 2004 compared with growth of just
0.55 percent in 2003.
Analysts credit exports of commodities such as iron . . .
Public optimism in El Salvador.(Brief Article)
According to a February 2005 poll conducted in El Salvador by
Cid-Gallup (San Jose, Costa Rica) one in five Salvadorian households
reported at least one victim of "crime and violence" over the
past . . .
Consumers in Chile are increasingly optimistic.
In early April, The Central Bank of Chile raised interest rates a
quarter percent. It was the fifth time since September that the Central
Bank raised rates.
The current hike was anticipated.
. . .
Colombia: Murder down, economy up.(Brief Article)
The above headline appeared in the March 31, 2005 edition of the
Miami Herald over a summary of a positive Bloomberg News report on
retail spending in Colombia.
We were compelled to reproduce the . . .
Peru makes believers out of its consumers.
Peruvians are optimistic.
According to the Dow Jones news service, reporting from Lima on
March 18, 2005, Peru's consumer confidence surged sharply to a 12
month high with the Apoyo Consulting . . .
MEXICO REMITTANCE TRANSFERS COST LESS.(Brief Article)
The total amount of remittances to Mexico increased 35 percent
between 2002 and 2003, according to a mid-October 2004 paper titled,
"Using Remittances to Finance Development in Mexico,"
published . . .
Public gloom in Costa Rica.
A majority of the population in Costa Rica is pessimistic about the
financial future of their families. The country is seen to be
stagnating, according to a February 2005 public opinion poll . . .
Argentina car sales pick up.
The consensus on whether Argentina's bold debt restructuring
plan will ultimately benefit the country's consumers is that it is
too soon to tell. There is an ongoing controversy with the . . .
Growth continues in Argentina.
Momentum created by the Argentine debt restructuring is pushing its
economy to grow faster. The economy is on track to achieve growth of
about 6.5 percent in 2005 according to a story carried by . . .
Chile, Mexico attitudes toward GM foods.(genetically
modified)
Currently, commercially marketed genetically modified seeds are
sold on a large scale with one specific capability. The various crops
usually carry a "trait" that makes the crop more resistant . . .
MICROINSURANCE IN GUATEMALA.
Guatemala has a fairly extensive Government supported system for
insurance coverage managed through the Institute of Social Security.
Coverage includes compensation for illness or accidents at . . .
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