AMERICAS
Resources
More in this section
Principal content
Recession hits Venezuela
As its neighbours recover, the country has posted a contraction in the third quarter of 4.5% year on year after a second quarter decline in economic activity of 2.4%. Inflation is forecast to exceed 26%
Deal nears to end ‘banana wars’
European and Latin American trade officials are close to a deal over bananas that would end the longest-running dispute in the history of the World Trade Organisation and could lead to lower prices for consumers
Poor transport hampers Brazil
Brazil has become the world’s biggest exporter of a basket of foods, but analysts say output is reaching its limit and the investment needed for growth is falling short
Geithner seeks to reassure on dollar
US Treasury secretary tells reporters in Japan he believes in the need to maintain a strong dollar and that the US is determined to get its budget deficit down
Lula calls on leaders to attend climate talks
Brazil’s president has challenged other world leaders to attend next month’s climate talks in Copenhagen to break the deadlock in negotiations to cut greenhouse gas emissions
IMF official warns on risk of LatAm bubble
Latin America had weathered the financial crisis so well that several countries were paying the price of success with rapidly appreciating currencies and an influx of foreign capital that could raise the spectre of future bubbles, said Nicholas Eyzaguirre, western hemisphere director of the International Monetary Fund
Lex: Argentine fantasy
The government has created an economic wonderland that cannot survive if the country is to return successfully to international capital markets
Opinion: The Fund should help Brazil to tackle inflows
Helping Brazil to moderate inflows of foreign capital rather than issuing a negative response would signal that the IMF is taking a less doctrinaire approach, write Arvind Subramanian and John Williamson
