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Economy & Business - October 2006
What Carstens might do
Agustín Carstens, who moved from number three at the IMF to becoming President-elect Felipe Calderón Hinojosa's chief economic adviser on 16 October, is under no illusions about the scale of the problems he faces. In his first public comment on the state of the Mexican economy, on 29 October, he admitted that the economy would slow down in 2007. Carstens said that this was inevitable because of weaker growth in the US. He added that the effect of the slowdown would be mitigated by the strength of oil prices.
- The Panama Canal expansion
- Interest rates on the way down
- What Carstens might do
- ARGENTINA: Consumption kicks up a gear
- URUGUAY: The prospects for the tourist season
- CHILE: Government opts for spending
- PARAGUAY: The debate over the exchange rate
- BOLIVIA: Beating expectations
- COLOMBIA: Central bank increases rates
- ECUADOR: The electricity law
- VENEZUELA: Bit of a boom
- PERU: Pretty rosy
- COSTA RICA: Manufacturing does well
- CUBA: More trade with China
- DOMINICAN REPUBLIC: Investigation into Baninter scandal takes new turn
- EL SALVADOR: Record fuel bill in 2006
- GUATEMALA: Worries about customs overhaul
- HONDURAS: Fuel licences to be announced on 1 November
- NICARAGUA: Ortega promises to cooperate with the IMF
- PANAMA: Growing fast
- MEXICO: Thirty-year bond launch
- REMITTANCE REPORT: Mexico tries to explain surge in remittances
- COMPANY FOCUS: CVRD joins the big boys
- DEBT: Argentina eyeing Asia
- COCA: US gives guarded welcome to new Bolivian coca policy
- BANANAS: Ecuador and Colombia to sue European Union
- MINING: Bolivian mines "nationalised"
- ENVIRONMENT: Colombia: Environmental damage costs more than war