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Chile the most globalized economy in Latin America, says report

Chile has emerged as the most globalized economy in Latin America and moved up to 25th place in the world, according to global consulting firm Ernst & Young. Chile is among the countries to improve their position despite global economic uncertainty, the firm’s annual Globalization Index found. By Payton Guion @The Santiago Times…

South American timber and wood products poised for growth

Global trade of wood products has gone up substantially the past two years. Hardwood chip export from Chile, Uruguay and Brail was up 43 percent in 2011 compared to 2009, as reported by the Wood Resource Quarterly. A clear majority of the increase was Eucalyptus chips destined for pulp mills in Japan and Europe. Wood chip exports from South…

Should you invest in Brazil?

By Dominic Frisby @ MoneyWeek I’ve just spent a very pleasant fortnight in Brazil. It’s a wonderful country. But should we be investing there? The first thing that struck me about Brazil its sheer abundance. It’s the fifth-biggest country in the world. It has 20% of the world’s fresh water supply and just 3% of its population. (China has over…

South America Spawns Its Own ‘Malibu’

The skyscraper horizon of Punta del Este in the distance feels miles away in the Uruguayan beach town of Manantiales, where a booming luxury market of million-dollar condos and forthcoming luxury hotel has elevated a beach town to global glitterati status — making it suddenly the Malibu of South America. By Michael Martin @MainStreet Moneyed Punta del Este…

Chilean per capita meat consumption has doubled in the last two decades

In the last two decades Chileans consumption of different meats has doubled according to data from the Agriculture Policy and Studies Office, ODEPA, released this week. From the 39.6 kilos of 1991, meats consumption soared in 2011 to 84.2 kilos on average, and not taking into account fish and sea food. If the 28 years since…

HSBC has released a report predicting the rise and fall of the world’s economies in the next 40 years.

The global research department of HSBC has released a report predicting the rise and fall of the world’s economies in the next 40 years. The world’s top economy in 2050 will be China, followed by the United States. No surprises there – since China’s reforms in the 1980s, economists have…