Chilean farm exports fear “cheap” dollar and current situation in Japan

Saturday, March 19th 2011 - 07:15 UTC

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Due to the falling U.S. dollar and the current crisis in Japan stemming from last week’s devastating earthquake and tsunami, Chilean exports may be hit hard with losses this year, despite government assurances to the contrary. Read full article

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Duglas
I see Chile is into scare mongering too.
All of a sudden the Japanese no longer have to eat !
Mar 19th, 2011 - 10:24 am - Link - Report abuse 0
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ManRod
Duglas, you are totally right. I am Chilean and this is definitely scare mongering, but its part of the huge and very powerful export lobby in Chile. Chile has exported 70.000 million USD last year, more than ever in it's history (even exports more than Argentina, which has 3x more population). Hopfeully the peso will NOT drop again, and this might lead to a more national based industry (which in Chile is very small)
Mar 21st, 2011 - 10:06 am - Link - Report abuse 0
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