Tag: commodities

• Monday, March 19th 2012 - 15:36 UTC

  Latam risks in 2012: commodities’ prices, China and European banks

  

  The economy of Latin America and the Caribbean should grow 3.6% this year, down from recent rates above 5% as slower expansion in China, a soft recovery in the US and debt woes in Europe weigh on the global economy.

• Thursday, March 8th 2012 - 09:42 UTC

  Brazil has become the sixth-largest economy in the world overtaking the UK

  

  Brazil has become the sixth-biggest economy in the world, the country's finance minister announced. The National Institute of Economic and Social Research (NIESR) and other economic forecasters also said that Brazil had now overtaken the UK.

• Tuesday, December 20th 2011 - 07:05 UTC

  Latam’s exports in 2011 forecasted to grow 26%, close to 1.1 trillion dollars

  

  Latin America’s projected 2011 export growth of 26% to approximately 1.1 trillion dollars continues the strong growth posted in 2010, according to new estimates by the Inter-American Development Bank (IDB).

• Tuesday, November 22nd 2011 - 22:07 UTC

  Uruguay’s central bank confident about commodities’ price prospects

  

  Uruguay’s Central bank sees “few probabilities” of a strong deceleration in emerging economies or a ‘significant’ fall in commodities prices even when lately there has been a drop in the value of grains although still above their historic average.

• Friday, November 18th 2011 - 06:30 UTC

  Brazil economic activity falls 0.32% in the third quarter

  

  Brazilian economic activity dipped in the third quarter despite a slight rise in September, according to central bank data on Thursday. The central bank's IBC-Br economic activity index fell 0.32% in the third quarter.

• Tuesday, August 2nd 2011 - 07:07 UTC

  Brazil’s trade surplus more than doubles in July over a year ago

  

  Brazil’s trade surplus more than doubled in July from a year ago fuelled by higher commodity prices in spite of the over-valued Super Real that is having an impact on manufactured goods exports and promotes the import of ‘cheap’ products.

• Saturday, June 11th 2011 - 10:06 UTC

  Countries succumbing to protectionism, says an advance of WTO document

  

  The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned.

• Thursday, June 9th 2011 - 00:54 UTC

  Bernanke argues strong demand for commodities is depressing US dollar value

  

  US Federal Reserve rejected criticism that its actions (‘accommodative monetary policy’) have pushed down the foreign exchange value of the US dollar and thereby boosted the price of commodities, adding that the Fed is “fully committed” to maintaining the dollar’s purchasing power and to keeping inflation in check.

• Tuesday, May 24th 2011 - 00:54 UTC

  Euro troubles and slower growth in China and EU hit Latin American markets

  

  Latin American stocks fell to an eight-month low on Monday triggered by concerns that the Euro zone debt problem was deepening and signs of slower growth in China. The region’s largest market Brazil’s Bovespa ended at its lowest since July 2010

• Monday, May 23rd 2011 - 06:16 UTC

  France wants to combat commodities volatility, not limit prices

  

  The best way to cool soaring food prices is to boost output, the Argentine government said, following talks on a French proposal for increased regulation of commodity markets in the framework of a G20 meeting in Buenos Aires.