With the US dollar in free fall the Chilean Association of Exporters, ASOEX have called on the country's authorities so that once and for all they understand the situation that vast sectors of the Chilean economy are experiencing, particularly small and medium enterprises which represent a significant number of jobs.
The global economy is expected to slow to a modest 3.3% growth in 2008, but things could worsen if United States slips into recession, the World Bank said this week in a report on Global Economic Prospects 2008.
Federal Reserve chief Ben Bernanke has said that the outlook for the US economy in 2008 has worsened.
Tony Blair is to take a job with a major Wall Street bank which is likely to earn him around £500,000 a year. The former Prime Minister will work part-time providing political and strategic advice to JP Morgan in the first of a number of similar positions in the private sector.
Brazil's third-largest beef exporter, Marfrig Frigorificos e Comercio de Alimentos SA through its Argentine branch Breeders & Packers SA has acquired Argentina's Mirab SA for 36 million US dollars said the company in a statement.
Next January 17 Chilean Minister of Agriculture Alvaro Rojas will inaugurate an abattoir for sheep in Punta Arenas which has been specifically conditioned for Islamic markets. The slaughtering space looks towards Mecca the holiest of all Islamic cities which is an advantage to for selling to Arab countries.
Argentina released the latest data on the consumer prices index which according to the controversial Nacional Statistics and Census Office, Indec, was 0.9% in December totaling 8.5% for the whole twelve months.
Almost five million US dollars in development funds were delivered last year to 519 companies in Magallanes Region in the extreme south of Chile, which represents a 30% increase over 2006.
Soybeans has become the main summer cultivation in Uruguay for the agriculture year 2007/08, confirming eight years running of expansion according to the latest release from the country's Agriculture Statistics Office, DIEA.
European Central Bank (ECB) chief Jean-Claude Trichet is very satisfied with central banks' coordinated action to help banks hit by the credit crunch. The US Federal Reserve, the ECB and central banks from the UK, Canada and Switzerland injected billions to calm money markets in December.