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Economy & Business - March 2007
OIL: Pemex admits deepwater disappointments in Mexico
The state-owned oil company, Petróleos Mexicanos (Pemex), slashed its forecast for oil reserves in the Coatzacoalcos field in the Gulf of Mexico by 60% on 5 March. Any reduction in oil reserves is serious for the Mexican government which relies on oil revenues to meet its spending commitments.
- Brazil wins the race to US$1 trillion
- 2007 comes into focus
- BOLIVIA: The cost of the floods
- COLOMBIA: Inflation points to higher interest rates
- VENEZUELA: Inflation still uncomfortable
- ECUADOR: Budget gets through congress
- PERU: Tax collection rising
- Growth slumps
- Better than expected
- ARGENTINA: Economy grows by 8.5% in 2006
- CHILE: Central bank holds rates at 5%
- PARAGUAY: Dollar problems
- URUGUAY: The problems of de-dollarising
- COSTA RICA: Dollar likely to rise
- CUBA: Government blames administrative problems
- DOMINICAN REPUBLIC: Inflation falls sharply
- EL SALVADOR: IMF endorses Saca's policies
- GUATEMALA: First Cafta litigation
- HONDURAS: IMF worries
- NICARAGUA: Government conciliatory on IMF
- PANAMA: Colón free zone to expand
- OIL: Pemex admits deepwater disappointments in Mexico
- YPFB changes in Bolivia
- PRIVATISATION: Revisiting road privatisation in Mexico
- BUSINESS: What the Chiquita Brands scandal means
- DEBT: Venezuela and Argentina issue more joint debt
- What the Chiquita Brands scandal means