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Economy & Business - March 2008 (ISSN 1741-7430)
Going down
This is our third effort at forecasting what will happen in the region in
2008. We are making these forecasts in late-March, just after the US Federal
Reserve Board cut US interest rates by 0.75 of a percentage point, to 2.25%, and
supervised the rescue of Bear Stearns, a US investment bank, by JP Morgan Chase,
a US commercial and investment bank.
- International capitalism flourishes... in Bolivia
- MEXICO: Car exports up, remittances steady
- BRAZIL: Overachieving
- ARGENTINA: Energy crisis looms
- CHILE: On the slide
- PARAGUAY: Government forecasts 6% to 8% growth
- URUGUAY: Doing rather well
- BOLIVIA: Inflation jumps
- COLOMBIA: Inflation worries
- ECUADOR: Tax revenues rise
- PERU: Inflation up
- VENEZUELA: Venezuela tinkers with inflation data
- COSTA RICA: Trade deficit increases
- CUBA: Government partly liberalises consumer electronics
- DOMINICAN REPUBLIC: Government starts to recapitalise central bank
- EL SALVADOR: Breadmakers strike
- GUATEMALA: Hit by oil prices
- HONDURAS: Government complains about US ban on melons
- NICARAGUA: US still the biggest export market
- PANAMA: Trade with Cuba jumps tenfold
- OIL: Venezuela's production falls
- BRAZIL: CVRD pulls out of bid for Xstrata
- DEBT: Argentina's debt rises
- Going down
- Country forecasts