Latin American Economy & Business - August 2018 (ISSN 1741-7430)

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.