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Economy & Business - January 2012 (ISSN 1741-7430)
COFFEE: Banking on Brazil
The world coffee industry is expecting a bumper Brazilian crop in 2012/13. The Conab, the agriculture ministry’s crop forecasting agency, was forecasting a crop of just over 50m (60kg) bags before Christmas. Now it is forecasting a crop of over 52m bags. The expectation of a bumper Brazilian crop is keeping a lid on arabica (the main Brazilian coffee type) prices which have been steady at US$2.27 per pound since mid-December. Prices peaked in April and May 2011 when they bounced between US$3 and US$2.70 a pound.
- Latin America’s moment
- Waiting for the domestic economy
- Shooting for 4%
- ARGENTINA: Pressure on the model
- CHILE: Copper powers exports
- PARAGUAY: Inflation undershoots
- URUGUAY: Trade hits a new record
- BOLIVIA: Government tries direct borrowing
- COLOMBIA: Bit of a boom
- ECUADOR: Leaner and meaner public sector drives boom
- PERU: Humala goes off to Davos
- VENEZUELA: Recovering
- Macroeconomic data and forecasts
- COSTA RICA: Still scooping high-tech investment
- CUBA: Venezuela stays loyal
- DOMINICAN REPUBLIC: Government switches to inflation targeting
- EL SALVADOR : Lagging
- GUATEMALA : Pérez Molina bets on FDI
- HONDURAS : Pressure mounts
- NICARAGUA: Central bank still bullish
- PANAMA: Bank assets grow
- AGRICULTURE: La Niña wreaks havoc
- COFFEE: Banking on Brazil
- ENERGY: Is Ecuador sticking to the spirit of Yasuní?
- BUSINESS: Anglo American comes under more pressure
- DEBT: Colombia to increase borrowing in 2012