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LatinNews Regional Monitor: Brazil & Southern Cone - 06 August 2018
Chile: Growth forecast up, but Moody’s still downgrades
There was a mix of good and bad news for Chile in July. On 10 July the government said it was boosting this year’s economic growth forecast to 3.8%, up from 3.5% before. But on 26 July US-based agency Moody’s Investors Service announced it was downgrading Chile’s credit rating; there are also worries over the impact of a potential trade war between the US and China.
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- In brief: Uruguay
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- Economic Highlights
- Region: The recovery is getting tougher for some
- Brazil: Problems stored up for next government
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- Chile: Growth forecast up, but Moody’s still downgrades
- Region: Free trade rules (maybe)
- Region: Agro sector set to grow
- Region: Corporate Radar