Events in South America (the economy)

Latin America, the number of mobile phone users has reached 83,400,000, surpassing the 83,000,000 of the region's number of fixed phone users. Jan 7: The Central Bank of Brazil in U.S. and European markets to issue 12.5 billion dollars in long-term global bonds. Jan 13: Venezuela's domestic savers and investors rush to buy a large number of dollars, the U.S. dollar resulted in short supply, to reduce the state treasury reserves. Earlier this year, less than two weeks since the period of time, the Central Bank of Venezuela's foreign exchange reserves dropped to 4.2 million. At present, the country's foreign exchange reserves have dropped to 17,830,000,000 U.S. dollars more than in early 2000 of 21,240,000,000 U.S. dollars a decrease of 3,410,000,000 U.S. dollars. Jan 16: Mexico Attorney General's Office and military investigators in the northern state of Tamaulipas Li Basi captured the city of Matamoros, the country's main drug cartels one of the "Group of the Gulf", the third leader Saucedo and other 9 000 drug traffickers. In 2001, various anti-drug operation in Mexico, police seized a total of 469 tons of marijuana, 7.66 tons of cocaine and a large quantity of opium and heroin. In addition, destroyed 13 drug processing plant, a 1493 confiscation of motor vehicles, 11 boats, 7 aircraft, as well as large amounts of cash and weapons. A total of 5538 drug-smuggling suspects arrested in anti-narcotics operations. On the same day, Peru, according to statistics released by the Gold Commission report, the country's 2001 gold production was 135 tons more than in 2000 2.4 tons, the highest record. Antapite the south-central Peru, La Jinu Santa Rosa and three new mine started production in 2001, making that year gold production over the previous year, a sharp increase. Peru had planned to gold mining in areas such as re-investment 700,000,000 U.S. dollars, so that gold production over the next 6 years to reach 170 tons. January 21: United States Agency for International Data Corporation announced the transfer study report points out that in 2001 broadband users in Latin America grew 175 percent, and Latin American countries broadband users the fastest-growing in Brazil, Mexico, Argentina, Chile and Venezuela, whose Growth rate of more than 100%. Jan. 25: Bogota, Colombia A bomb exploded, killing 6 people were killed and 9 others were injured. Since 2002, in order to force the Government to make concessions in peace talks, the two Colombian anti-government armed groups have stepped up attacks on government targets and to the frequent damage to civilian facilities. In the capital, Bogota, near the province of Meta and Cundinamarca, there are 22 high-voltage power transmission tower was blown up, to the Bogota city to provide drinking water reservoirs in a large electric gates also were damaged, affecting the capital Electricity and water supplies. Feb. 2: In 2001, foreign investment in Chile 5,521,000,000 U.S. dollars, representing 48.7 percent increase in 2000. Chile Foreign Investment Committee reported that in 2001 Chile to absorb the bulk of foreign investment concentrated in the telecommunications industry, transport, water, electricity and gas and mining industry into three sectors accounted for foreign investment in the country that year the total foreign investment of 27.1 percent, 19.2 % And 19% respectively. Chile absorbed 37.1 percent of foreign investment from the United States. From Italy, Spain and Australia's foreign investment capital accounted for 19.4 percent of the total, 9.1% and 8.3%. Feb. 6: Venezuela's Atlantic continental shelf Deertana natural gas development program officially started. Feb. 6: The Government of Chile in 2002 decided to increase investment in the tourism industry, the financial allocation by the State 2,000,000 U.S. dollars for the tourism sector and promote tourism development projects. Feb. 8: UNESCO reported that existing in Latin America about 22,000,000 school-age young people can not enter the primary and secondary school. Argentina, Bolivia, Brazil, Cuba, Ecuador, Mexico and Peru, 7 Latin American countries, universal primary education; Costa Rica, Uruguay and Venezuela 3, and other countries close to achieving universal primary education. Latin America, there are still about 2,000,000 school-age children into primary school unable to read, or primary school-age children, about 20%. Latin America, age is only 54 percent of middle school students to be able to schools, out-of-school youths of about 20,000,000 people. In addition, conditional on the University of young people account for only 20% of school-age youth, and even some countries, only 12%. Feb. 19: Central Bank of Chile decided to guiding the country's banks to reduce interest rates by 0.5 percentage points, deposit and loan interest rates from 6.0% to 5.5%. This is the second time this year, Chile guiding banks to lower interest rates. March 4: Peru in the Andean region in the north heavy rains, causing the river run wild, to the lives of local residents and caused serious property damage. Cajamarca province cajabamba City Luliqiuke the upper reaches of the river flood so far has resulted in at least one person dead and 40 missing and 18 injured. In addition, the floods also caused the city's water and electricity, traffic disruption, and destroyed a number of houses, bridges and roads and other public facilities. March 5: The Uruguay government and the International Monetary Fund to provide emergency loans reached an agreement. International Monetary Fund, in principle, the Government made sure that Uruguay's economic development plan and agreed to provide 2 years 400,000,000 U.S. dollars loan to Uruguay to help finance an urgent need to address. March 5: The Central Bank of Brazil on the international market to issue 12.5 billion dollars in global bonds. The bonds for a period of 6 years, the annual return rate of 11.736%. Brazil initially plans to issue 750,000,000 U.S. dollars of bonds, but because of well-known U.S. investment institutions by the end of February to improve the prospects for Brazil's bond rating, these bonds by investors in hot pursuit, the subscription amount of up to 30 million. March 12: Brazil famous tourist city add to the epidemic of dengue fever in Rio de Janeiro. Nearly 24 hours to identify new patients up to 4213 people, making the city since the beginning of this year, the total number of patients reached 37,750 people. So far, died of dengue fever in Rio de Janeiro, a total of 23 people, ranking first in Jeonju. Rio de Janeiro as a whole the total number of dengue patients has more than 80,000 people dead has reached 35. March 12: Central Bank of Chile to the bank to guide interest rate of 0.75 percentage points lower deposit, lending rate from 5.5 percent down from 4.75 percent. This year Chile is the third consecutive month, Bank of guiding interest rates lower. April 19: In order to save on the verge of collapse of the financial system, the Central Bank of Argentina announced an indefinite cessation of banking and foreign currency exchange transactions. This is the central bank's aim is to prevent the freezing of bank financial control system of funding as a result of the intervention of the judiciary and a large number of outflow, thus avoiding the Argentine banking system as a whole pay for the crisis occurred. A senior central bank official said the government prepared to submit to Congress a "freezing of all bank deposits to the bond proposal" was passed by Congress after the banking and bureaux de change will it be possible to resume normal operation. June 10: Chile Civil Aviation Authority to stop the capital of Peru, Chile Continental Airlines all flight activities, sparked the dispute between the two countries. Is the cause of the Civil Aviation Authority, Continental Airlines asked Chile to use the cash to pay its airport and maintenance cost 3000 U.S. dollars, said the company refused. This matter has aroused strong repercussions in Peru. Peru Parliament adopted a resolution calling for an immediate halt to the Government of Chile Peru airline subsidiary of all business activities. June 14: The Andean Community of Nations's two largest trading partners of Venezuela and Colombia in the first 5 months of 2002 bilateral trade volume amounted to only 780,000,000 U.S. dollars the same period last year dropped by 25%. Venezuela in January 2002 to May of Colombia's exports to 289,000,000 U.S. dollars, and 491,000,000 U.S. dollars of imports, the trade deficit more than 200,000,000 U.S. dollars. June 13: Brazilian Minister of Finance announced Malan, Brazil spent about 10,000,000,000 U.S. dollars of the International Monetary Fund special drawing rights, to fight against Brazil's financial speculation in order to stabilize the volatile domestic financial markets. Agreed to by the International Monetary Fund, Brazil's foreign exchange reserves from the lower limit of 20,000,000,000 U.S. dollars to reduce to 150 billion U.S. dollars, the Central Bank in order to be able to use more of our foreign exchange reserves to intervene in the foreign exchange market, and in the international market by speculators to buy back a serious impact on Brazil's Short-term bonds. June 23: The Government of Venezuela Bolivia eliminated from the beef import ban. By the end of 2001, as a result of discovery of beef imports from Bolivia, and other fast-food hamburger food did not meet health standards, the Government had appointed issued a ban on beef imports from Bolivia ban. June 28: Police announced that Bolivia, La Paz, seat of the Bolivian government on the outskirts of major traffic accidents occurred, killing at least 31 people were killed and 12 were seriously injured. The vicious traffic accidents occurred in La Paz suburb of Villa search area to Los Kiyonga of of a small town on the highway. A full load of passengers in the car at high speed in all of a sudden out of control and crashed into the street 350 meters deep valley, resulting in numerous casualties. Initial investigations showed that the rain to wet and the driver was speeding caused a major traffic accident that the main reason. July 5: Chile parts of the outbreak of chicken flu, all Latin American countries have stopped imports of poultry products, Chile. Chile chicken producers association said that in order to prevent the spread of chicken flu, Chile has already slaughtered 500,000 chickens and caused huge economic losses. July 16: The Government of Chile announced that in order to protect its business interests, decided to import some steel products imposed 10% tariff. Provisions of the Act, at least in the next year, Chile will import hot-rolled sheet, plate and wire rod 10% of the tariff imposed to prevent the recurrence of such low-priced foreign products to enter Chile, damage their own iron and steel enterprises. July 31: Uruguay's Economy and Finance Minister Gary Atsou confirmed that after a long and difficult negotiations, the International Monetary Fund and the United States to Uruguay 1,500,000,000 U.S. dollars to provide emergency assistance to Uruguay to help ease the shortage of funds in the banking system to meet the urgent needs. The above-mentioned foreign aid funds on August 2 to the Central Bank of Uruguay to the Department. 1,500,000,000 U.S. dollars of international loans to Uruguay to make the financial system from collapse. August 1: As the country's financial situation deteriorated, the lives of low-income people become more difficult. Uruguay's capital Montevideo, there have been large-scale strikes and processions and meetings, asked the Government to guarantee the basic needs of residents. Montevideo, some of the criminals were looting shops, at least 20 people were arrested and several others in clashes with police were injured. August 4: Uruguay both houses of parliament were passed bill to stabilize the banking system in order to stabilize the banking system and prevent the country's foreign exchange reserves continue to drain. Uruguay economy has been in the past two years as a result of the Brazilian currency devaluation of the Argentine financial crisis and the dual impact of the devastated. In 2001, Uruguay's GDP fell 3.1 percent in the first quarter fell 10.1 percent in 2002, the year is expected to drop 8%. Since the beginning of 2002, Uruguay intense turmoil in financial markets, China's foreign exchange reserves from 3,000,000,000 U.S. dollars to 10 billion U.S. dollars, 66% loss; foreign currency deposits of the banking system of personal loss of 30%; national currency devaluation rate of 41.8 percent. Aug. 11: Argentina National Bureau of Statistics released by the income report showed that the economic and financial crisis, Argentina rise in the unemployment rate, low-income revenue fell sharply, leading to the current social Argentina income gap between rich and poor has widened, reaching The country's history, a record level. Since the 1970s, Argentina National Bureau of Statistics began to investigate the social gap between rich and poor statistics, Argentina's richest and the poorest of the two sectors of the growing income gap, of which 70 during which the former is 6 times that of the 80's 20 times; decline in the early 90's, but in 1993 began expanding; in 2001 to 33.9 times, 46.6 times that of 2002. Buenos Aires, the capital and surrounding areas are the poorest 300,000 families, has a population of 1,500,000, the per capita monthly income of about 29 pesos a day, less than 1 peso (about 30 cents); 300,000 The richest family, with a total population of 647,000 people, per capita monthly income for 1364 pesos. Sept. 2: Bolivia, La Paz, the seat of government on the outskirts of major traffic accidents occurred, killing at least 32 people were killed and 12 others were injured. Sept. 3: In the devaluation of the peso and assets of the double impact of Argentina's dollar-denominated assets of commercial banks appear more than 200 billion dollars in a huge deficit, the whole banking system is effectively bankrupt. September 7: From the beginning of the year, the dengue epidemic spread rapidly in Latin America, Latin America, 9 countries a total of 27 million people infected with dengue fever, of which nearly 100 people died of hemorrhagic dengue fever deaths. Brazil's dengue epidemic spread of the most serious in the first 4 months on was found in patients with dengue fever in the past 20 million, of which 62 people died. Honduras the number of dengue patients for 23,900 people dead and 16; El Salvador for 4251, 10 people died; Guatemala 2118, the death of 4; Mexico 3819, 4 people died. Venezuela has also been found in patients with dengue fever 26,400 people, Costa Rica 5612, 3500 Ecuador, Peru 2050 people. 4 countries which have not yet occurred in a patient death. Sept. 11: Latvia archaeologists from the Riga 120 km northeast of Simiertai in a nearby lake and found a sleeping Ancient Boat thousands of years. It is the ancient people used to Latvia and the relocation of the fishing boat. Ship captain 4.2 m, 0.48 m wide. Strangely enough, at the rear of the boat has a big hole in the other Ancient Boat extremely rare, at least 5,000 years. September 26: Brazilian President Fernando Henrique Cardoso and visiting Argentine President Duhalde, co-chaired the signing of a number of agreements in order to promote the two countries and the countries of the Southern Common Market trade development and the elimination of trade disputes between the two countries. Under the agreement, Brazil and Argentina in the automotive trade will gradually increase the duty-free imports for the other side of the ratio, and in 2006 the full realization of a free trade car; Argentina will put an end to pork from Brazil, the anti-dumping investigations and in the next 30 Days of the cessation of related anti-dumping measures; In addition, the central bank between the two countries will "credit mutual agreement" with a mechanism to enhance mutual line of credit to import enterprises to solve the problem of payment arrears, the two countries so as to encourage enterprises to increase exports. Sept. 30: Argentina's Economy Ministry issued a communique, the first 8 months of this year, the Arab-Israeli foreign trade surplus reached a total of 10,959,000,000 U.S. dollars. By the economic crisis, Argentina 8 months of import and export trade has fallen substantially and exports of 16,768,000,000 U.S. dollars for the same period last year fell 8 percent, while imports amounted to 5,808,000,000 U.S. dollars, the decline of 62%. October 9: The United Nations Office in Mexico pointed out that the economic crisis in Argentina and Brazil, there are factors of instability will have an impact on other Latin American countries in 2002 economic growth. The report said that in 2002 Latin America's gross domestic product from 6 months before the projected growth of 0.3 percent to reduce the 0.9 percent decline, the regional economy as a whole will be negative growth. Oct. 10: Latin America and the Caribbean as a result of the growing phenomenon of desertification, the region's arable soil degradation, poverty, population growth, and financial losses. Latin America and the Caribbean so far has been more than 300,000,000 hectares of land desertification, nearly 2 million hectares of farmland soil degradation. Three-quarters of the region-wide drought has been the land of "moderate or severe desertification." And every year to desertification in Latin America caused a direct economic loss of up to 20 million. Nov 22: The Argentine government announced this month since the lifting of 25 already in place for nearly a year of the current bank savings accounts and restrictions on withdrawals. This means that tens of thousands of depositors are free to dominate the bank savings and current accounts of about 210 million pesos (about 5,900,000,000 U.S. dollars) deposit. The Albanian government does not include measures to freeze bank deposits. Nov. 29: Argentina and Uruguay to connect the natural gas pipeline officially opened. Argentine President Duhalde and President Jorge Batlle of Uruguay, attended the opening ceremony. The gas pipeline at the starting point for the suburbs of Buenos Aires, Argentina Bilal angle, across the Rio de la Plata pipeline, the city of Colonia in Uruguay's landing, and then through the province of San Jose and Canelones Province finally arrived in the capital city of Montevideo, the total length of 405 km. Projects with a total investment of 150,000,000 U.S. dollars. Dec. 1: Venezuelan capital of Caracas, a small downtown discotheque in the early morning of the day the peak of business suddenly caught fire, 47 people were killed in the fire. Dec. 3: Peru national anti-drug Bureau announced this year, secret national anti-drug police carried out anti-drug operation has seized 127 tons of various drugs and arrested 12,400 drug trafficking suspects. Dec 3: U.S. bank JP Morgan announced that Brazil will be the government bonds rating from "neutral" fell "below average" and recommended investors reduced holdings of Brazilian bonds. Affected by this, the international market, Brazil's main bond prices fell 1.38 percent, the country risk index rose 1.4 percent to 1549 points. In the domestic financial markets, Brazil's currency, the real against the U.S. dollar fell 1.8 percent. Dec. 2: Venezuela to hold the country's total opposition strike to demand Chavez accept the "advisory referendum." Venezuela oil company part of the first-line managers and workers have joined the ranks of the strike, leading to the country's oil sector under-employed. Venezuela's oil sector is a pillar of the economy, 80 percent of the country's source of foreign exchange and 50% of the revenue sources of income to rely on the oil sector. Dec. 5: Brazil oil company announced that the company in the northern part of the seabed in the Persian Gulf Hom found a crude oil reserves of 3 million barrels of oil. This is the last two years, Brazil has made oil exploration is another major achievement.