- Recovering from economic El Nino
HEADNOTE After a setback in 1999, Chile's economy is roaring ahead at a 6% GDP growth rate for this year. Manufacturing and exports, especially in nontraditional areas, are leading the recovery. Chile's strong manufacturing and export growth is placing its economic recovery ahead of most other South American countries, assuring ......
- Thailand - Favorable Thai Economy BringsUpward Revisions of Growth Rate
HEADNOTE With the recent buoyancy in demand both at home and abroad the Thai economy is well on its way toward recovery. The impact of SARS (Severe Acute Respiratory Syndrome) and the Iraqi war is limited, while the forecasted figures for its economic growth rate given in the spring of ......
- Troubled waters: conflicting economic signals delay
market recovery. (Market Moves).
The Dow Jones industrial average fell from this year's high of more than 10,600 points, to close to 8,200 points by mid-September. The downward trend was fueled by growth concerns, corporate bankruptcies, downward revisions in corporate earnings and tensions arising from the escalating conflict between the United States and Iraq....
- The lean banking behind Chile's
comeback.
Chile remains the center of growth and stability in Latin America, supported by booming export markets and a lean banking system that is quickly becoming a model for the region. GDP growth for 2004 should hit 4.5%, up from 3.3% in 2003 and 2.1% in 2002, but still well below ......
- Country ratings update
HEADNOTE coface uk IMAGE ILLUSTRATION 2 Current trends Worsening conditions on stock markets and renewed investor skittishness about emerging countries most dependent on financial markets marked the 2002 summer season this year. Furthermore, fears of armed conflict with Iraq foster a wait-andsee-climate. In these conditions, a world economic recovery risks ......
- Zero economic growth as trade falls
The economic slowdown saw the OECD area marking time in the third quarter of 2001, with gross domestic product (GDP) showing no change from the previous three months for the second quarter in a row. GDP was up 0.8% from a year earlier, but this was the slowest increase since ......
- Finance secretary sticks to plan: Gil Diaz insists on
3% growth, fiscal discipline. (Spotlight).
Mexico is in a strong position to withstand current international instability, maintain fiscal discipline and fight to keep inflation in check. This was the message Finance Secretary Francisco Gil Diaz gave to a packed conference room during a graph-intensive presentation organized by the AMERICAN CHAMBER/MEXICO. TOUGH CLIMATE FOR GROWTH The ......