My wife works very closely with the big retailers here in Chile and she estimates that November will be better then what Forbes writes about October. Santiago retail sales expanded 3 percent in the first 10 months of the year, and the chamber estimates sales in the capital will grow about 3.5 percent this year [...]
Archive for the ‘Economy’ Category
The Santiago Economy is growing again
Posted in Business, Chile, Economy, Finance on November 26, 2009 | Leave a Comment »
Is Argentina a "Banana Republic"?
Posted in Argentina, Business, Economy, Politics on May 21, 2009 | 6 Comments »
..that is what we in Austria call countries where there is no consistency in laws and you cannot trust your politicians. See here the meaning of Banana Republic There have been many examples (please add your examples in the comments) about bad politics in Argentina and I will list the ones that I have [...]
The Chilean Finance Minister
Posted in Business, Chile, Economy, Finance on April 23, 2009 | Leave a Comment »
Andre’s Velasco the Chilean Finance minister picture from wikimedia There is a great story on Bloomberg about the Chilean Finance Minister Andrés Velasco and the government savings from Copper which he is starting to spend to stimulate the Chilean economy. The article is really well written and there is not one good part to [...]
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