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Economy & Business - October 2005
VENEZUELA: Central bank shifts reserves
Domingo Zavala, the most important director of the central bank, said on 4
October that the bank had moved two-thirds of its US$30bn reserves out of US
banks. The decision has major political and economic implications.
- The Venezuelan model
- Central bank policy changes comes too late
- The changes to the central bank's inflation index
- Bank lending set to boom
- Coming up roses
- BEEF: New foot and mouth outbreak in Brazil
- SUGAR: Prices boom
- BEEF: Lula tries to prise open Russia
- Briefs
- Bolivia surprises with US$860m this year
- Telecom saga takes another twist
- Argentina tests its options
- COSTA RICA: Hot-money investors pull out
- PANAMA: Budget arrives in congress
- CUBA: Power cuts restart
- DOMINICAN REPUBLIC: IMF board okays deal
- EL SALVADOR: Bumper harvest helps inflation
- GUATEMALA: Exports boom
- HONDURAS: Coffee up, inflation steady
- NICARAGUA: Congress sidetracks reform laws
- ARGENTINA: Inflation the worry
- CHILE: Caution from the central bank
- PARAGUAY: Income tax introduced
- URUGUAY: Booming, but tax receipts disappoint
- BOLIVIA: Economy relishes the power vacuum
- COLOMBIA: Growth accelerates again
- ECUADOR: Oil revenues up
- PERU: On course for fastest growth since 1997
- VENEZUELA: Business hails talks with Chávez
- VENEZUELA: Central bank shifts reserves