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Economy & Business - August 2005
DOMINICAN REPUBLIC: Worries about the oil price
President Leonel Fernández said on 24 August, before oil prices surged through US$70 a barrel, that if oil prices continued to rise the country's governability would be called into question. Even though the country is eligible for cheap oil from Venezuela, under the Petrocaribe initiative, the government is still looking at ways of cutting consumption. The country's oil bill this year is likely to be US$2.5bn
- What oil at US$70 a barrel means for the region
- Problems mount
- Interest rate cuts imminent
- ARGENTINA: Growing but inflation kicks up
- CHILE: Growth rate settles on a strid
- PARAGUAY: Finance minister claims fiscal deficit down by year end
- URUGUAY: Budget posturing
- BOLIVIA: Central bank turns mildly bearish
- COLOMBIA: Export led growth
- ECUADOR: Too much of a good thing?
- PERU: Exports boom
- VENEZUELA: Booming
- COSTA RICA: Hospira shifts from Ireland to Costa Rica
- CUBA: Fidel claims 9% growth rate this year
- DOMINICAN REPUBLIC: Worries about the oil price
- EL SALVADOR: Coffee exports to hit US$165m
- GUATEMALA: Central bank raises rates
- HONDURAS: IMF team arrives
- NICARAGUA: Exports to rise 14%, but oil imports outstrip
- PANAMA: Economy grows by 6%
- OIL: Venezuela plans for 5m bpd by 2010
- MINING: Enviromentalists object in Argentina
- Copper; Brazil nuts
- The people behind Pollo Campero
- What Slim is doing in Colombia
- Brazilian political crisis affects debt sales
- Cepal issues warning about remittances