031217surplus
5 Pages

031217surplus

Course Number: ECO 343, Fall 2008

College/University: Chester

Word Count: 659

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FT.com / World / Americas Wednesday Dec 24 2003. All times are London time. Roger Bove Edit Profile Take a tour Log out Home World US UK Europe Asia-Pacific Middle East & Africa Americas International economy Brussels briefing News headlines News in depth Business Markets Markets data & tools Industries Lex Comment & analysis Technology Management Your money Arts & Weekend Sport...

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FT.com / World / Americas Wednesday Dec 24 2003. All times are London time. Roger Bove Edit Profile Take a tour Log out Home World US UK Europe Asia-Pacific Middle East &amp; Africa Americas International economy Brussels briefing News headlines News in depth Business Markets Markets data &amp; tools Industries Lex Comment &amp; analysis Technology Management Your money Arts &amp; Weekend Sport Jobs &amp; classifieds In today's FT FT Reports Creative Business FTfm FT-IT World reports Business reports News in <a href="/keyword/depth-rebuilding-iraq/" >depth rebuilding iraq</a> WMD guide Science briefing China Terror Columnists Martin Wolf Lucy Kellaway Philip Stephens Quentin Peel Lombard Gerard Baker Amity Shlaes World / AmericasPrint article | Email Latin America has first surplus in 50 years By Richard Lapper, Latin America Editor, in Sa~o Paulo Published: December 17 2003 19:58 | Last Updated: December 17 2003 19:58 The region of Latin America and the Caribbean has recorded its first current account surplus for 50 years, as strong increases in demand from Asia and the US and higher commodity prices pulled its economies out of recession. Preliminary figures for 2003 from the United Nations Economic Commission for Latin America (Ecla) show output expanded by 1.5 per cent in 2003 after a contraction of 0.4 per cent in 2002. Relatively rapid growth of 7 per cent in Argentina and more than 3 per cent in Chile, Peru and Colombia helped offset the effect of a 9.5 per cent contraction in Venezuela and a sluggish performance by the region's two biggest economies: Mexico (up 1.2 per cent) and Brazil (up 0.1 per cent). Chinese demand for commodities such as iron ore, soya and copper has been a big factor in the strong trade performance. The trade surplus of $41bn (?33bn, 23bn) was a record. Overall commodity prices rose by 15.9 per cent, with significant increases in oil, soya, copper and gold. However, the report indicated that the continent's domestic performance was less impressive. After six years of stagnation, income per head is lower than it was in 1997 and 44.4 per cent of Latin Americans - some 227m people - live below the poverty line. Officially, measures of unemployment fell slightly but more than one in 10 of the workforce are jobless. The report suggests there will be an average rate of growth of 3.5 per cent in 2004. Argentina is expected to grow by 4.5 per cent, Brazil by about 3.3 per cent and Mexico by 2.8 per cent. Growth in the US, Asia and stronger demand for commodity exports will again be the decisive factors. The report noted that low savings rates remain one of the biggest obstacles to faster growth. Gross capital formation was unchanged - and is more than 12 per cent lower than five years ago. Flows of foreign direct investment fell to reach $29bn, compared with an average of $38bn between 1990 and 2002. The report also highlighted the importance of workers' remittances, with flows of $33bn reflecting a particularly heavy contribution from Mexicans and Central Americans living in the US. The report is positive on the improvement in fiscal and monetary management across the region. After exchange rate crises in Mexico during 1994-1995, Brazil in 1999 and Argentina in 2001, virtually every country in the region - Venezuela being the main exception has a flexible exchange rate. Tight fiscal policies - most countries are running primary fiscal surpluses (before taking into account financing costs) - and careful monetary management have brought annual inflation down to single figures in most countries. EMAIL THIS PRINT THIS MO...

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Chester - ECO - 343
Letter From the Americas: Colombias Landed Gentry: Coca Lords and Other BulliesJanuary 21, 2004 LETTER FROM THE AMERICAS Colombia's Landed Gentry: Coca Lords and Other Bullies By JUAN FORERO OGOT, Colombia, Jan. 20 It was a breathtakingly beautifu
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WSJ.com - Cooking the Human-Rights Books in Colombia February 6, 2004 THE AMERICAS Cooking the Human-Rights Books in Colombia By MARY ANASTASIA O'GRADY Ever since Colombian President Alvaro Uribe took office 18 months ago, pledging to make national s
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Bogotas Social Capitalism, Led by a Marxist of OldFebruary 6, 2004 Bogota's Social Capitalism, Led by a Marxist of Old By JUAN FORERO OGOT, Colombia, Feb. 5 - Dressed in a silk tie and tailored navy blue suit, Antonio Sanguino looks every bit the c
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In These Times | Cokes KillersIN THESE TIMES Please consider subscribing to the print edition and supporting independent media: http:/www.inthesetimes.com/subscribe/ This article is permanantly archived at: http:/inthesetimes.com/comments.php?id=628_
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In These Times | Cola WarsIN THESE TIMES Please consider subscribing to the print edition and supporting independent media: http:/www.inthesetimes.com/subscribe/ This article is permanantly archived at: http:/inthesetimes.com/comments.php?id=673_0_2_
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Terror in ColombiaUnconventional Wisdom Since 1865subscribe | donate | advertise | about | shop | classroom | archive Home Issues April 5, 2004 (web) rbove [logout] Terror in ColombiaWelcome back,article | Posted March 23, 2004 Terror in Colombia
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FT.com / Markets / Commodities - Colombia puts itself back on the oil mapsTuesday Dec 7 2004 . All times are London time.Roger Bove Edit Profile Take a Tour Log outHomeWorldBusinessMarketsMarkets headlinesUS equitiesUK equitiesEuropean equities
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ZNet | Colombia | Colombia's New BudgetZNet | Colombia Colombia's New Budget by James Brittain; July 30, 2004 Colombia's President Alvaro Uribe Velez has devised a new spending plan for 2005 that seeks to increase Colombia's expenditures to the tune
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The New York Times &gt; International &gt; Americas &gt; '91 U.S. Report Calls Colombian Leader Ally of Drug LordsAugust 2, 2004 '91 U.S. Report Calls Colombian Leader Ally of Drug Lords By JUAN FORERO OGOT, Colombia, Aug. 1 - A recently declassified Americ
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WSJ.com - Ravaged Colombia Sees Glint Of Hope as Killings Fall Off August 10, 2004 PAGE ONEDOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients o
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FT.com / Comment &amp; analysis / Editorial comment - Uribe's successWednesday Aug 11 2004 . All times are London time.Roger Bove Edit Profile Take a Tour Log outHomeWorldBusinessMarketsMarkets &amp; funds dataIndustriesLexComment &amp; analysisEditorial c
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Latin America's Longest War Click here to return to the browser-optimized version of this page. This article can be found on the web at http:/www.thenation.com/doc.mhtml?i=20040816&amp;s=canbyLatin America's Longest War by PETER CANBY More Terrible Tha
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The New York Times &gt; AP &gt; International &gt; Altered Plants Pose New Drug War ThreatSeptember 1, 2004 Altered Plants Pose New Drug War Threat By THE ASSOCIATED PRESS Filed at 1:25 p.m. ET BOGOTA, Colombia (AP) - Authorities suspect a new threat is lur
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The New York Times &gt; Week in Review &gt; Colombia's 3 Million Refugees, Hidden in Plain SightSeptember 12, 2004 Colombia's 3 Million Refugees, Hidden in Plain Sight By JUAN FORERO OACHA, Colombia In a slum of several thousand people called La Isla, r
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The New York Times &gt; International &gt; Americas &gt; Rightist Militias Are a Force in Colombia's CongressNovember 10, 2004 Rightist Militias Are a Force in Colombia's Congress By JUAN FORERO AUCASIA, Colombia, Nov. 5 - Here in the humid cattle pastures
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The New York Times &gt; Business &gt; World Business &gt; Assassination Is an Issue in Trade TalksNovember 18, 2004 Assassination Is an Issue in Trade Talks By JUAN FORERO OGOT, Colombia, Nov. 17 - With tears in her eyes, 80-year-old Mercedes Cullar wrapped
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The New York Times &gt; Financial Times &gt; Business &gt; Drug war fails to halt Colombia cocaine trailDecember 6, 2004 Drug war fails to halt Colombia cocaine trail By Andy Webb-Vidal in Bogot More resources from FT.com: News and Analysis Markets Indus
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FT.com / World / Americas - Drug cartels grow new strain of coca 'tree'Tuesday Dec 7 2004 . All times are London time.Roger Bove Edit Profile Take a Tour Log outHomeWorldUSUKEuropeAsia-PacificMiddle East &amp; AfricaAmericasInternational economyBru
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FT.com / World - Lebanese campaign to oust pro-Syrian presidentSkip to main content, accesskey 's' Homepage, accesskey '1'Friday Feb 17 2006 . All times are London time.Roger Bove Edit Profile Take a Tour Log outWorldPrint article | Email artic
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FT.com / World / Middle East &amp; Africa - Lebanese property boom defies economic malaiseSkip to main content, accesskey 's' Homepage, accesskey '1'Wednesday Apr 12 2006 . All times are London time.Roger Bove Edit Profile Take a Tour Log outWorld
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FT.com / Home UK - Booming property sector signals return of confidence to LebanonSkip to main content, accesskey 's' Homepage, accesskey '1'Wednesday Apr 12 2006 . All times are London time.Roger Bove Edit Profile Take a Tour Log outHome UKPri
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WSJ.com - Influence Fight Looms In Postwar Lebanon August 15, 2006 5:31 p.m. EDTDOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers
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WSJ.com - Vast Rebuilding Job Looms in Lebanon; It, Too, Is Political August 16, 2006 PAGE ONE DOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients
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Economist.comAbout sponsorshipLebanon's economy Debt and destruction Aug 31st 2006 From The Economist print edition To add to its woes, Lebanon's economy is saddled with high debts IN A vicious neighbourhood it helps to have friends. Lebanon need
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The Daily Star - Business Articles - Fixing water, electricity sectors will cost $200 million: FneishHomeAbout Us Advertise ArchivesForumClassifiedsePaperSubscribeContact us Search Search Criteria Author Keyword DateDaily Star Sections Lebanon Eg
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The Daily Star - Business Articles - Analysts see high unemployment in war's aftermathHomeAbout Us Advertise ArchivesForumClassifiedsePaperSubscribeContact us Search Search Criteria Author Keyword DateDaily Star Sections Lebanon Egypt Middle East
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The Daily Star - Business Articles - War added $1 billion to public debt, finance minister saysHomeAbout Us Advertise ArchivesForumClassifiedsePaperSubscribeContact us Search Search Criteria Author Keyword DateDaily Star Sections Lebanon Egypt Mi
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www.rian.ru Half of Lebanon lies in ruins. Who is to pay? 06/09/2006 10:22 MOSCOW. (RIA Novosti political commentator Dmitry Kosyrev) The recently published preliminary estimates of the damage in Lebanon caused by a month-long war with Israel, raise
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FT.com / World / Middle East &amp; Africa - Lebanon emerges from war more divided than everSkip to main content, accesskey 's' Homepage, accesskey '1' Financial Times FT.comWORLD Middle East &amp; AfricaSubscription pageCloseLebanon emerges from war more div
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Fishermen survive on handouts UN Office for the Coordination of Humanitarian Affairs Friday 20 October 2006 LEBANON: Fishermen survive on handouts Marie Claire Feghali/IRIN Fisherman Wissam Arab points at the fish net emerging from his sinking boat
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WSJ.com - Marching to a Democratic Hong Kong January 5, 2004 REVIEW &amp; OUTLOOK Marching to a Democratic Hong Kong On New Year's day, 100,000 Hong Kong people walked peacefully through the streets of the city to demand the right to elect their chief ex
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FT.com / Comment &amp; analysis / Editorial commentFriday Jan 9 2004. All times are London time.Roger Bove Edit Profile Take a tour Log outHome World Business Markets Markets data &amp; tools Industries Lex Comment &amp; analysis Editorial comment Columnis
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WSJ.com - Examining Asia January 9, 2004 EXAMINING ASIA By HUGO RESTALLBeijing Digs in Its Heels Hong Kong should bow to its sovereign, and not expect democracy anytime soon. That's the message of Hong Kong Chief Executive Tung Chee Hwa's policy ad
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WSJ.com - Hong Kong as Number One? January 9, 2004 REVIEW &amp; OUTLOOK Hong Kong as Number One? Today marks the release of our world-wide &quot;Index of Economic Freedom,&quot; which we co-publish annually with the Heritage Foundation. For the 10th year in a row,
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From: Majordomo@guardian.co.uk Sent: Wednesday, January 14, 2004 12:51 PM To: Bove, Roger Even Subject: Majordomo file: list 'guardian-weekly' file 'gw-international/2004.1.18/200401153203.txt' -Washington post / China lays down the law on Hong Kong
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FT.com / World / Asia-PacificThursday Jan 22 2004. All times are London time.Roger Bove Edit Profile Take a tour Log outHome World US UK Europe Asia-Pacific Middle East &amp; Africa Americas International economy Brussels briefing News headlines Ne
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The Globalist | Global Democracy - Hong Kong A Failure To Celebrate?Print | Go Back to StoryGlobalist Perspective &gt; Global Democracy Hong Kong A Failure To Celebrate? By Patrick Smith | Wednesday, January 21, 2004 In July 2003, protests erupted i
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WSJ.com - Threatening Hong Kong's Rule of Law January 21, 2004 REVIEW &amp; OUTLOOK Threatening Hong Kong's Rule of Law When unelected governments break the law, the courts should be able to become the last line of defense for aggrieved businesses and ci
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IHT Article Print Page Copyright 2002 The International Herald Tribune | www.iht.com In Hong Kong, a showdown with Beijing looms Kinming Liu IHT Friday, January 23, 2004 The drive toward democracy HONG KONG In the Year of the Lamb, which finished We
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WSJ.com - Hong Kong's Latest Trade Data Highlight Pickup in Economy January 29, 2004 7:55 a.m. EST ECONOMY Hong Kong's Latest Trade Data Highlight Pickup in Economy By ANDREW BATSON DOW JONES NEWSWIRES HONG KONG - Hong Kong posted its largest monthly
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WSJ.com - Money Outflow In Hong Kong May Hurt Dollar February 2, 2004 ASIAN BUSINESS NEWS Money Outflow In Hong Kong May Hurt Dollar By ANDREW BATSON DOW JONES NEWSWIRES HONG KONG - A weakening of the Hong Kong dollar late last week has traders worri
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WSJ.com - Selling a Sales Tax February 19, 2004 REVIEW &amp; OUTLOOK Selling a Sales Tax It's budget season in East Asia again, and time to talk taxes, specifically sales taxes. Next week, Singapore's Finance Minister Lee Hsien Loong will deliver his las
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Hong Kongs Subway and Rail May MergeFebruary 25, 2004 Hong Kong's Subway and Rail May Merge By KEITH BRADSHER ONG KONG, Feb. 24 - The government here announced plans on Tuesday for the publicly traded mass transit system to merge with the Kowloon-C
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WSJ.com - Growing Pessimism Over Democracy In Hong Kong February 25, 2004 COMMENTARY Growing Pessimism Over Democracy In Hong Kong By DANNY GITTINGS HONG KONG - There's a growing fear in some quarters of the democratic camp that Hong Kong people may
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Hong Kong to Borrow, Avoiding New TaxMarch 11, 2004 Hong Kong to Borrow, Avoiding New Tax By KEITH BRADSHER ONG KONG, March 10 - The government here said on Wednesday that it would sell bonds for the first time in more than a decade as local author
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washingtonpost.com: Chinese Sovereignty Yields Two Territories, Two Paths washingtonpost.com Chinese Sovereignty Yields Two Territories, Two Paths Macau Stays Quiet as Hong Kong Debates Democratic Reform By Edward Cody Washington Post Foreign Service
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WSJ.com - Jeopardizing One Country, Two Systems March 30, 2004 REVIEW &amp; OUTLOOKDOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers,
Chester - ECO - 343
FT.com / Comment &amp; analysis / Editorial commentFriday Apr 9 2004. All times are London time.Roger Bove Edit Profile Take a tour Log outHome World Business Markets Markets &amp; funds data Industries Lex Comment &amp; analysis Editorial comment Columnis
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The New York Times &gt; Travel &gt; What's New in Hong KongApril 25, 2004 What's New in Hong Kong By KEITH BRADSHER ictoria Harbour, a broad, deep-blue ribbon winding between skyscrapers and steep green hills, has long been this city's best feature. The
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Forbes.com: Hong Kong has world's most worried workersJump | Free Trial Issue Search Quote Select Section Home Investment Newsletters Polls &amp; Discussions Premium Tools Special Reports Video &amp; Audio Watchlist IT Research Library IT Product &amp; Service
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WSJ.com - Hong Kong's Outlook Improves Despite Growth Risks in China May 27, 2004 HEARD IN ASIADOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clien
Chester - ECO - 343
WSJ.com - My Olive Branch to Beijing July 1, 2004 COMMENTARYDOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Repr
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WSJ.com - Power to the People July 2, 2004 REVIEW &amp; OUTLOOKDOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Repri
Chester - ECO - 343
From: Majordomo@guardian.co.uk Sent: Friday, July 23, 2004 5:15 PM To: Bove, Roger Even Subject: Majordomo file: list 'guardian-weekly' file 'gw-international/2004.7.11/200407090404.txt' -International News / Hong Kong democracy march shatters any Be
Chester - ECO - 343
FT.com / World / Asia-PacificWednesday Jul 21 2004. All times are London time. Sign up now Take a tour Username Password Remember meHome World US UK Europe Asia-Pacific Middle East &amp; Africa Americas International economy Brussels briefing News he
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WSJ.com - China Plays a Role In Hong Kong's Job Growth July 20, 2004 11:42 p.m. EDT ECONOMYDOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients o
Chester - ECO - 343
WSJ.com - Hong Kong Export Growth Remained Robust in June July 26, 2004 8:20 a.m. EDT ASIAN BUSINESS NEWSDOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleag
Chester - ECO - 343
FT.com / World / AsiaPacific - End in sight to nearly six years of deflation in HKMonday Aug 23 2004 . All times are London time.Roger Bove Edit Profile Take a Tour Log outHomeWorldUSUKEuropeAsia-PacificMiddle East &amp; AfricaAmericasInternational
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The New York Times &gt; Business &gt; World Business &gt; Inflation Inches Way Back Into Hong Kong's EconomyAugust 23, 2004 Inflation Inches Way Back Into Hong Kong's Economy By KEITH BRADSHER ONG KONG, Aug. 23 After five years and eight months of steadily
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Bloomberg.com: Asia Updated:New York: Aug 23 23:47London: Aug 24 04:47Tokyo: Aug 24 12:47:RegionsTop WorldwideRegionsAsiaAustralia &amp; New ZealandCanadaEuropeGermanyJapanLatin AmericaU.K.U.S.MarketsEconomy/PoliticsCommen
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FT.com / World / AsiaPacific - Hong Kong raises forecast after expansion surpriseMonday Aug 30 2004 . All times are London time.Roger Bove Edit Profile Take a Tour Log outHomeWorldUSUKEuropeAsia-PacificMiddle East &amp; AfricaAmericasInternational