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Economy & Business - July 2007 (ISSN 1741-4431)
CHILE: Central bank raises rates
At its monthly meeting on 12 July the board of the Banco Central de Chile
raised interest rates by 0.25 of a percentage point to 5.25%. This followed a
disappointing inflation figure for June of 0.9%. This was almost double what
independent economists had expected and brought the 12 month inflation rate to
3.2%, a bit beyond the central bank's target of 3% for 2007.
- What are central bank reserves for?
- MEXICO: Still pretty sluggish
- FISCAL REFORM: Mexican government resigned to tax changes
- BRAZIL: Dollar continues to weaken as interest rates slashed
- ARGENTINA: Energy crisis bites
- URUGUAY: Inflation worries
- CHILE: Central bank raises rates
- PARAGUAY: Importers oppose higher tariffs
- BOLIVIA: Morales argues that inflation is inevitable
- COLOMBIA: The benefits of the strong peso
- ECUADOR: Diversifying exports
- VENEZUELA: Cabezas promises another package
- PERU: Central bank raises rates
- COSTA RICA: Banks raise profits by 11%
- CUBA: Castro rails against waste
- DOMINICAN REPUBLIC: Inflation down to 0.4%
- EL SALVADOR: Tax collection surges
- PANAMA: 9% growth in first quarter
- GUATEMALA: Central bank reins in credit
- HONDURAS: Trade deficit gaping
- NICARAGUA: IMF money to be used for energy
- AGRIBUSINESS: UN and US disagree massively over coca
- ENERGY: Chávez forecasts oil at US$100 a barrel
- MINING: Antofagasta give go-ahead to Esperanza
- BUSINESS: Who is going to build a refinery in Central America?
- REMITTANCES: The downside to remittances
- LATIN AMERICAN COMPANIES: Profits soar
- DEBT: Argentina dallies over Paris Club