March 06, 2013
Chile’s Paradox of Prosperity
The country’s economy is thriving, but rising expectations and gaping inequalities sap the popularity of President Sebastián Piñera’s conservative government.
By Jonathan Kandell
Thirty years ago, as Latin America was succumbing to the debt crisis, few nations suffered as much as Chile. The country still bore the scars of the bloody military coup that claimed the lives of former president Salvador Allende and some 3,000 supporters a decade earlier. The debt crisis hit when the economy was undergoing wrenching change from the radical free-market policies pursued by the regime of General Augusto Pinochet. The results were painful: Economic output collapsed by 14 percent in 1982, unemployment soared to more than 30 percent, nearly half the population lived below the poverty line, and the current-account deficit was running at a rate of 12 percent of GDP.
http://www.institutionalinvestor.com/Article/3163684/Chiles-Paradox-of-Prosperity.html
Showing posts with label Latin America. Show all posts
Showing posts with label Latin America. Show all posts
Wednesday, March 6, 2013
Wednesday, January 23, 2013
Chile’s Piñera Sees a New Era of European-Latin American Relations
http://www.institutionalinvestor.com/
Chile’s Piñera Sees a New Era of European-Latin American Relations
President says region’s economic strength will enable Latin leaders to discuss trade and investment as equals with their EU counterparts.
By Jonathan Kandell
Chile’s Piñera Sees a New Era of European-Latin American Relations
President says region’s economic strength will enable Latin leaders to discuss trade and investment as equals with their EU counterparts.
By Jonathan Kandell
Tuesday, November 27, 2012
Peru, Chile and Mexico are Societe Generale's favourites for LatAm investments
http://www.investmenteurope.net/
Peru, Chile and Mexico are Societe Generale's favourites for LatAm investments
By: Chiara Albanese
27 Nov 2012
Despite the global slowdown, favorable domestic conditions have supported the growth of Latin America's most open economies, such as Peru, Chile and Mexico, and forecasts suggest strong capital inflows for 2013 which will fuel credit growth, according to Societe Generale.
Peru, Chile and Mexico are Societe Generale's favourites for LatAm investments
By: Chiara Albanese
27 Nov 2012
Despite the global slowdown, favorable domestic conditions have supported the growth of Latin America's most open economies, such as Peru, Chile and Mexico, and forecasts suggest strong capital inflows for 2013 which will fuel credit growth, according to Societe Generale.
Thursday, November 8, 2012
Chile: CPI inflation surprised to the upside in October lifted by food prices
Chile: CPI inflation surprised to the upside in October lifted by food prices
Florencia Vazquez - Market Economics
Latam Macro Snapshot | 08 Nov 2012 21:14 |
Consumer prices were reported to have advanced 0.6% m/m in October, a result that stood visibly ahead of both our forecast and the median estimate from the Bloomberg survey (both: 0.3% m/m). The annual inflation rate accelerated to 2.9% last month, but remained slightly below the 3% official target.
Florencia Vazquez - Market Economics
Latam Macro Snapshot | 08 Nov 2012 21:14 |
Consumer prices were reported to have advanced 0.6% m/m in October, a result that stood visibly ahead of both our forecast and the median estimate from the Bloomberg survey (both: 0.3% m/m). The annual inflation rate accelerated to 2.9% last month, but remained slightly below the 3% official target.
Mexico: Inflation Downtrend Has Begun
Mexico: Inflation Downtrend Has Begun
Nader Nazmi - Market Economics
Latam Macro Snapshot | 08 Nov 2012 15:52 |
Annual inflation fell from 4.77% in September to 4.60% in October (BNP Paribas: 4.64%). This is supportive of our view that inflation peaked in September and will fall towards our end-year 2012 projection of 4.04% in Q4 due to a more favourable base effect as well as lower food inflation.
Nader Nazmi - Market Economics
Latam Macro Snapshot | 08 Nov 2012 15:52 |
Annual inflation fell from 4.77% in September to 4.60% in October (BNP Paribas: 4.64%). This is supportive of our view that inflation peaked in September and will fall towards our end-year 2012 projection of 4.04% in Q4 due to a more favourable base effect as well as lower food inflation.
Monday, November 5, 2012
Chile: 2012 GDP forecast revised up on surprisingly strong Q3 performance
Chile: 2012 GDP forecast revised up on surprisingly strong Q3 performance
BNP PARIBAS
Florencia Vazquez - Market Economics
Latam Macro Snapshot | 05 Nov 2012 14:39 |
The monthly proxy for real GDP advanced a strong 4.6% y/y in September. The reading stood modestly ahead of our forecast and visibly above the median estimate from the Bloomberg survey (4.2% and 3.2% y/y, respectively).
BNP PARIBAS
Florencia Vazquez - Market Economics
Latam Macro Snapshot | 05 Nov 2012 14:39 |
The monthly proxy for real GDP advanced a strong 4.6% y/y in September. The reading stood modestly ahead of our forecast and visibly above the median estimate from the Bloomberg survey (4.2% and 3.2% y/y, respectively).
Monday, March 26, 2012
Bloomberg: Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities
Bloomberg
Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities
By Joe Richter - Mar 25, 2012 9:21 PM
Hedge funds wagered the wrong way on commodity prices for a fourth consecutive week, boosting bullish holdings just before reports showing a contraction in manufacturing from China to Europe drove prices lower.
Hedge Funds Make Wrong-Way Bets for a Fourth Week: Commodities
By Joe Richter - Mar 25, 2012 9:21 PM
Hedge funds wagered the wrong way on commodity prices for a fourth consecutive week, boosting bullish holdings just before reports showing a contraction in manufacturing from China to Europe drove prices lower.
Sunday, March 25, 2012
Bloomberg: China Soft Landing May Be Hard for Commodity Exporters
Bloomberg
China Soft Landing May Be Hard for Commodity Exporters
By Bloomberg News - 2012.03.25 06:41 PM
The good news: China’s government will engineer a soft landing. The bad news: Even a soft landing is painful for industries that have become dependent on the world’s fastest-growing major economy as their main profit engine.
China Soft Landing May Be Hard for Commodity Exporters
By Bloomberg News - 2012.03.25 06:41 PM
The good news: China’s government will engineer a soft landing. The bad news: Even a soft landing is painful for industries that have become dependent on the world’s fastest-growing major economy as their main profit engine.
Wednesday, July 6, 2011
BRAZIL
BRAZIL
The manufacturing PMI survey continued to decline, sliding to 49.0 in June from 50.8 in May, after a recent peak of 54.6 in February, and falling below the 50.0 mark for the first time since late last year.
The manufacturing PMI survey continued to decline, sliding to 49.0 in June from 50.8 in May, after a recent peak of 54.6 in February, and falling below the 50.0 mark for the first time since late last year.
Friday, June 24, 2011
BNP Paribas: Brazil: The labor market remains tight.
BNP Paribas: BRAZIL
The unemployment rate in May was 6.4%, unchanged from April and in line with the consensus view. On a seasonally adjusted basis, the unemployment rate rose to 5.9% from a record low 5.8% reached in April. Both the payroll and the labor force expanded in May, by 0.4% m/m s.a. and 0.3% respectively.
The unemployment rate in May was 6.4%, unchanged from April and in line with the consensus view. On a seasonally adjusted basis, the unemployment rate rose to 5.9% from a record low 5.8% reached in April. Both the payroll and the labor force expanded in May, by 0.4% m/m s.a. and 0.3% respectively.
Monday, June 13, 2011
Bloomberg: ‘Perfect Storm’ May Threaten Global Economy
Related News: Economy · Asia · China · Finance · Real Estate · Africa · Canada · Europe · Latin America · U.S. · Bonds · Currencies · Middle East · Japan · U.K. & Ireland · Insurance · Funds · Commodities · India & Pakistan
‘Perfect Storm’ May Threaten Global Economy
By Shamim Adam - Jun 13, 2011 8:58 AM GMT+0900
A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.
‘Perfect Storm’ May Threaten Global Economy
By Shamim Adam - Jun 13, 2011 8:58 AM GMT+0900
A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said.
Tuesday, May 17, 2011
Bloomberg: U.S. Wheat Harvest May Be Worse Than Forecast
Related News: U.S. · Commodities · Canada · Latin America
U.S. Wheat Harvest May Be Worse Than Forecast
By Whitney McFerron - May 18, 2011 5:37 AM GMT+0900
Wheat crops in the U.S. Great Plains are showing signs that production may plunge more than the government forecast last week as hot weather and a lack of rain erode plant quality and force farmers to harvest early.
U.S. Wheat Harvest May Be Worse Than Forecast
By Whitney McFerron - May 18, 2011 5:37 AM GMT+0900
Tuesday, May 10, 2011
Bloomberg: Commodities Trading Is Banking’s New Battleground: Commentary Matthew Lynn
Related News: Bloomberg, Economy, Africa, Australia, Europe, Latin America, Middle East, Opinion, Emerging Markets, Energy Markets, Finance, Commodities
Commodities Trading Is Banking’s New Battleground: Commentary Matthew Lynn
By Matthew Lynn - May 10, 2011 8:00 AM GMT+0900
Bloomberg Opinion
Forget bonuses. Don’t worry about bailouts. That’s all history. The battleground that matters most for the banking and finance industry right now is the profits it is making from commodities trading.
Commodities Trading Is Banking’s New Battleground: Commentary Matthew Lynn
By Matthew Lynn - May 10, 2011 8:00 AM GMT+0900
Bloomberg Opinion
Forget bonuses. Don’t worry about bailouts. That’s all history. The battleground that matters most for the banking and finance industry right now is the profits it is making from commodities trading.
Monday, March 28, 2011
Bloomberg: Portuguese Bailout Costs More Than Money Alone: Matthew Lynn
Related News: Economy · Finance · Law · Eastern Europe · Europe · France · India & Pakistan · Latin America · U.K. & Ireland · U.S. · Opinion · Funds · Municipal Bonds · Matthew Lynn
Portuguese Bailout Costs More Than Money Alone: Matthew Lynn
By Matthew Lynn - Mar 29, 2011 8:00 AM GMT+0900
Bloomberg Opinion
Is it 50 billion euros? Or perhaps 70 billion euros? The cost of bailing out Portugal varies according to who makes the calculation. No one will know the real price until officials from the International Monetary Fund and the European Central Bank tell us.
Portuguese Bailout Costs More Than Money Alone: Matthew Lynn
By Matthew Lynn - Mar 29, 2011 8:00 AM GMT+0900
Bloomberg Opinion
Is it 50 billion euros? Or perhaps 70 billion euros? The cost of bailing out Portugal varies according to who makes the calculation. No one will know the real price until officials from the International Monetary Fund and the European Central Bank tell us.
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