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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.

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.

Australia: Labour Market (Oct 2012)

Australia: Labour Market (Oct 2012)

Dominic Bryant - Market Economics
Asian Instant Insight | 08 Nov 2012 02:54 |

Employment surprised to the upside somewhat in October, for a second consecutive month. Full-time employment drove the increase. However, other indicators of labour market health are weak at present. In particular, the trend in hours worked is soft. Typically this is consistent with significant domestic demand weakness, which we expect to show through in the Q3 and Q4 GDP numbers. Therefore, we continue to expect a 25bp RBA rate cut in December.

Starwood Capital joins rivals in Europe's property loans market

Starwood Capital joins rivals in Europe's property loans market
By: Chiara Albanese
07 Nov 2012

US real estate firm Starwood Capital Group has launched Starwood European Finance Company, a European real estate finance platform aiming at taking advantage of financing opportunities arising from the retrenching in bank lending in this space.

http://www.investmenteurope.net/investment-europe/news/2223167/starwood-capital-joins-rivals-in-europes-property-loans-market

Wednesday, November 7, 2012

Yelp signs Pacific Telephone Building lease to 2021

http://www.sfgate.com/business/article/Yelp-signs-Pacific-Telephone-Building-lease-to-3547416.php#media-32360

Yelp signs Pacific Telephone Building lease to 2021
Updated 12:46 pm, Wednesday, November 7, 2012

Yelp has given San Francisco a five-star rating, committing itself to stay in its hometown through at least 2021.

Output up 72.4% at Chile’s Escondida copper mine

http://www.mining.com/

Output up 72.4% at Chile’s Escondida copper mine
Cecilia Jamasmie | November 7, 2012

Production at Chile's Escondida, the world's largest copper mine, was up 72.4% in the third quarter compared with the same period of 2011, said the country’s copper commission on Wednesday.

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).

Sunday, November 4, 2012

Copper Mining in Chile - Overview

http://www.mbendi.com/indy/ming/cppr/sa/cl/p0005.htm

Copper Mining in Chile - Overview

Overview

Chile is the world’s largest copper producer, producing 5 390 thousand metric tons in 2010 as opposed to 5 520 in 2009. Chile has approximately 24% of the world’s known copper reserves.

Money, Marilyn Monroe

I don't want to make money, I just want to be wonderful.

- Marilyn Monroe (1926-1962)

Mining Companies in Chile

http://www.mapsofworld.com/chile/economy/mining-companies.html

Mining Companies in Chile

Mining companies in Chile are important contributors to the economy and the export of copper and various other metals in their raw and processed form.
Mining Companies of Chile are thus looking to bringing down the cost and increasing profits in a phase where the prices of processed copper have almost doubled. The Chilean Mining Companies are using the latest state of the art technology and cost cutting managerial practices and to this end are employing people with newly gathered skill sets and training. This in turn gives a tremendous boost to the economy by generating employment opportunities. So in seeking more profits mining companies at Chile are actually working towards the betterment of the economy.