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Economy & Business - August 2005
OIL: Venezuela plans for 5m bpd by 2010
On 17 August the state-owned oil company, Petróleos de Venezuela (PDVSA), unveiled a plan to increase its oil output to 5m bpd by 2010. The scheme is budgeted to cost US$56bn. The government claims that the country is currently producing around 3.3m bpd.
- 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