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Economy & Business - February 2007
El Niño arrives…and goes
There are clear signs that El Niño, the inversion of traditional weather patterns in South America, has arrived. At least 35 people have died in floods in eastern Bolivia where it has been raining heavily for most of the past two months. El Niño's effects have been more muted in Peru and Ecuador which suffered heavily in the last major El Niño in 1998. In late February Australian meteorologists declared that the phenomenon had passed and would most likely be succeeded by a reversion to normal weather patterns but the weather that arrived would be more intense than usual.
- Is Venezuela swerving leftwards?
- Decent stats, worrying auguries
- Strong currency, low growth, low inflation
- ARGENTINA: Decent growth but doubts about inflation
- PARAGUAY: Worries about the central bank
- CHILE: Economy grew by 4.2% in 2006
- URUGUAY: Record imports
- BOLIVIA: 5% growth forecast
- COLOMBIA: Bit of a muddle
- ECUADOR: Budget goes to congress
- PERU: Better than expected
- VENEZUELA: Inflation rears
- COSTA RICA: Bank credit jumps 36% in 2006
- CUBA: Hoping for 10% growth in 2007
- DOMINICAN REPUBLIC: Inflation still falling
- EL SALVADOR: Saca tries for US$100m without FMLN support
- GUATEMALA: Help needed for agriculture, health and justice
- HONDURAS: Maize exports halted
- NICARAGUA: IMF Deal
- PANAMA: New car sales boom
- El Niño arrives…and goes
- SUGAR: Brazil expects to benefit from sugar expertise
- Briefs
- MEXICO: Why Gil's arrival at Telefónica matters
- World Bank report highlights the downsides of remittances
- Ecuador pays its debt