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Economy & Business - September 2004
BRAZIL: Interest rates up, but economy continues to hum
The central bank's monetary policy committee (Copom) raised the basic interest rate (Selic) by 0.25% to 16.25% at its meeting on 15 September. The decision was unanimous. A week later the central bank also nudged up its forecast for inflation for 2004.
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- MEXICO: Inflation fears, government tightens fiscal policy
- BRAZIL: Interest rates up, but economy continues to hum
- ARGENTINA: Sober rate of growth
- CHILE: Exports up but unemployment still a problem
- PARAGUAY: IMF issues prescription
- URUGUAY: Government forecasts 7% growth in 2005
- VENEZUELA: Beginning to motor
- ECUADOR: Problems ahead
- BOLIVIA: Ignoring the political problems
- COLOMBIA: Economy humming
- PERU: Coming right
- COSTA RICA: Pacheco in crisis as economic team goes
- DOMINICAN REPUBLIC: Deepening gloom
- CUBA: Problems mount
- EL SALVADOR: Hit by oil imports
- GUATEMALA: Exports lead economy
- HONDURAS: Budget set
- NICARAGUA: Perking up
- PANAMA: Clearing up the mess
- REMITTANCES: Are they too good to be true?
- BUSINESS: Good interest in Las Bambas
- OIL: Petróleos Mexicanos recants on mega discovery
- ECUADOR: Surging oil prices boost exports
- Commodity briefs
- VENEZUELA: Oil industry on the up
- Brazil capitalises on Moody's upgrade