Zappa.com

The Official Frank Zappa Messageboards
It is currently Tue Aug 11, 2020 11:44 pm

All times are UTC - 8 hours




Post new topic Reply to topic  [ 120 posts ]  Go to page Previous  1, 2, 3, 4, 5  Next
Author Message
 Post subject:
PostPosted: Sun Nov 05, 2006 1:18 pm 
Offline
User avatar

Joined: Sun Aug 31, 2003 2:41 pm
Posts: 16807
http://www.brazzilmag.com/content/view/7471/53/
Written by Newsroom
Friday, 03 November 2006

Latin America and the Caribbean are forecasted to expand 4.3% next year following this year's 4.8% and 4.4% in 2005, according to the latest review from the International Monetary Fund, IMF, released this week.

Domestic demand will be the main engine for expansion this year and the following in the region points out Markus Rodlauer, chief advisor to the IMF's Western Hemisphere Department.

Mr. Rodlauer who participated of a seminar organized by Chile's Central Bank added that the lesser growth in 2007 can be attributed to the slowing of the global economy, a possible drop in the prices of commodities and the recovery maturing of several economies in the region.

Hefty trade surpluses, plus the influx of investments have helped build strong international reserves without having a major impact for the competitiveness of local currencies, according to Rodlauer.

Among the risks he pointed out the trade dependency on United States of Mexico and Central America, particularly if there's a contraction of US demand and a second risk in a drop in the prices of commodities which could rapidly erode "fiscal parameters" in the region.

The IMF annual economic outlook for Latinamerica, released Thursday in Washington, said that the region is experiencing its "most vigorous three-year period of growth since the 1970s", but also cautioned that the rate of expansion lags behind that of competitors and without more investment it will begin to slow down.

Similarly despite reduced indebtedness, a recent increase in current public spending was "a significant source of concern".

"Things are positive, but they can be even better, they are still not growing at 7% a year," said Anoop Singh, director of IMF's western hemisphere department. "In the end you can't get away from focusing on investment and productivity. There is no other magic bullet."

According to the IMF report since the end of 2002 the price of oil has risen by 150% per cent and other commodities by an average of 80%. Only Chile, Uruguay, Central America and some Caribbean countries import fuel, so this trend has paved the way for a significant improvement in the terms of trade, 23% in South America and by 9% in Mexico.

Falls in interest rates and a rapid expansion in credit growth, especially consumer and *SPAM* credit have also helped boost private investment, especially in Mexico and Brazil.

IMF also praised successful income transfer programs, such as Brazil's "Bolsa família" (Family Voucher), Chile's "Solidario" and "Oportunidades" in Mexico, which it said "show considerable promise as a tool for poverty reduction".

Mr Singh singled out such programs as models of micro-economic reform that are being widely copied in the region. Peru and Uruguay both introduced similar schemes in 2005. "Despite the fact that these are relatively small, there is a general consensus that the programs have worked".

Singh said the current expansion compares favorably to previous upswings, mainly because governments had been running sizeable current account and primary fiscal surpluses and reducing debt burdens. "Compared with previous cyclical recoveries this expansion is on a solid footing".

The report also points out that Caribbean and Central American countries will continue to benefit from massive remittances sent from overseas, mainly the United States, where millions of people from those countries have migrated. In some countries remittances represent 10% of GDP.


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 05, 2006 1:19 pm 
Offline
User avatar

Joined: Mon Apr 03, 2006 3:29 pm
Posts: 8171
Location: exile
welcome back, calvin! 8)

_________________
"bit of nostalgia for the old folks."


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 05, 2006 2:43 pm 
Offline
User avatar

Joined: Sat Sep 17, 2005 1:54 am
Posts: 4295
Location: En-Ger-Land
Darling cal...you're back, which in itself is good news...and you posted on the good news thread. 8)

_________________
"Listen to that noise! It's like Barry White eating wasps."


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 05, 2006 2:46 pm 
Offline
User avatar

Joined: Sun Aug 31, 2003 2:41 pm
Posts: 16807
aspy_2nd_bunch wrote:
Darling cal...you're back, which in itself is good news...and you posted on the good news thread. 8)


Well aspy, it's great to...be.....


BRAZIL!!!!!


back.


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 05, 2006 3:19 pm 
Offline

Joined: Mon Apr 03, 2006 6:54 pm
Posts: 8855
Location: The Thumb
Lumpy Gravy wrote:
welcome back, calvin! 8)


I didn't know he went anywhere. Hope he took plenty of photos though.

_________________
*********************************************************************
Image


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 05, 2006 4:10 pm 
Offline

Joined: Fri Sep 23, 2005 9:14 am
Posts: 5546
Cal you are a
very very VERY funny man!!!


don't scare us like that!
didja get a decent tan? :wink:

_________________
" . . . On the outside now . . ."


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 05, 2006 6:02 pm 
Offline
User avatar

Joined: Sun Aug 31, 2003 2:41 pm
Posts: 16807
Milton Bradley wrote:
Lumpy Gravy wrote:
welcome back, calvin! 8)


I didn't know he went anywhere. Hope he took plenty of photos though.


Oh hell yes. Aspy, a rug, negligee.....it wasn't very comfortable on me...

btw, this took place in Brazil, the most happening country.


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 05, 2006 6:14 pm 
Offline
User avatar

Joined: Thu Dec 29, 2005 1:40 am
Posts: 3493
Location: The Blue Light
calvin2hikers wrote:
Milton Bradley wrote:
Lumpy Gravy wrote:
welcome back, calvin! 8)


I didn't know he went anywhere. Hope he took plenty of photos though.


Oh hell yes. Aspy, a rug, negligee.....it wasn't very comfortable on me...

btw, this took place in Brazil, the most happening country.


Another great thing to come from Brazil:

Image

Carmen Miranda!

Who starred in such film greats as: Bananas of the Land, Four Jills in a Jeep and Nancy Goes to Rio

_________________
Country music + Black music = Rock and Roll


Top
 Profile  
 
 Post subject:
PostPosted: Mon Nov 06, 2006 2:54 am 
Offline
User avatar

Joined: Sat Sep 17, 2005 1:54 am
Posts: 4295
Location: En-Ger-Land
calvin2hikers wrote:
Milton Bradley wrote:
Lumpy Gravy wrote:
welcome back, calvin! 8)


I didn't know he went anywhere. Hope he took plenty of photos though.


Oh hell yes. Aspy, a rug, negligee.....it wasn't very comfortable on me...

btw, this took place in Brazil, the most happening country.


Oh cal, you are awful......but I like you. 8)

_________________
"Listen to that noise! It's like Barry White eating wasps."


Top
 Profile  
 
 Post subject:
PostPosted: Wed Nov 08, 2006 1:16 pm 
Offline
User avatar

Joined: Thu Nov 17, 2005 10:19 am
Posts: 7047
Location: Eastern CT coast
I survived another layoff today, it was 1 in 5 from my group.

Now I need to make one more layoff cycle (it will be next november), to make 20 years in + 55yo to trip a lot of bennies...which is the whole point of why I hung around here. I need 15 more months in, then I don't give a fuck what happens. :)

Nothin' like surviving a layoff :)

My company had 125, 000 employees when I started, it's down to about 40, 000 now. Manufacturing's all gone (which is why they don't need engineers now), and the people at the top have had huge multi-multi-multi million dollar jumps in their salery. Maybe the dems will save us, lol :)

_________________
Lesser-evilism is war.


Top
 Profile  
 
 Post subject:
PostPosted: Wed Nov 08, 2006 2:51 pm 
Offline
User avatar

Joined: Tue Oct 29, 2002 12:41 pm
Posts: 18004
Location: City Of Tiny Lites
Good news indeed baddy, I am happy for you!

_________________
Image


Top
 Profile  
 
 Post subject:
PostPosted: Wed Nov 08, 2006 2:53 pm 
Offline
User avatar

Joined: Sat Sep 17, 2005 1:54 am
Posts: 4295
Location: En-Ger-Land
baddy wrote:
I survived another layoff today, it was 1 in 5 from my group.

Now I need to make one more layoff cycle (it will be next november), to make 20 years in + 55yo to trip a lot of bennies...which is the whole point of why I hung around here. I need 15 more months in, then I don't give a fuck what happens. :)

Nothin' like surviving a layoff :)

My company had 125, 000 employees when I started, it's down to about 40, 000 now. Manufacturing's all gone (which is why they don't need engineers now), and the people at the top have had huge multi-multi-multi million dollar jumps in their salery. Maybe the dems will save us, lol :)


Glad you survived baddy! I think it's pretty much the same everywhere now isn't it? They were laying people off where I worked, but luckily I had enough time there under my belt to be able to get a half decent payoff. Here's hopin the months fly by for ya, so you can get your well deserved cash. 8)

_________________
"Listen to that noise! It's like Barry White eating wasps."


Top
 Profile  
 
 Post subject:
PostPosted: Wed Nov 08, 2006 3:04 pm 
Offline
User avatar

Joined: Thu Sep 07, 2006 10:27 pm
Posts: 7919
Location: echoing through the canyons of your mind
baddy wrote:
I survived another layoff today, it was 1 in 5 from my group.

Now I need to make one more layoff cycle (it will be next november), to make 20 years in + 55yo to trip a lot of bennies...which is the whole point of why I hung around here. I need 15 more months in, then I don't give a fuck what happens. :)

Nothin' like surviving a layoff :)

My company had 125, 000 employees when I started, it's down to about 40, 000 now. Manufacturing's all gone (which is why they don't need engineers now), and the people at the top have had huge multi-multi-multi million dollar jumps in their salery. Maybe the dems will save us, lol :)


No thanks to NAFTA/CAFTA. The economy here in Michigan is #2 (worst) in the nation though thats not really good news. Congrats to surviving the cut, that is good news.


Top
 Profile  
 
 Post subject:
PostPosted: Thu Nov 09, 2006 4:47 pm 
Offline
User avatar

Joined: Thu Nov 17, 2005 10:19 am
Posts: 7047
Location: Eastern CT coast
Thanks guys :)

Yeah Aspy, the Brits learn quick :shock:

Got that right SPACEBROTHER, NAFTA,CAFTA and the WTO. The job's will be back when there's cheap labor here....or we withdraw from these trade agreements and replace them with good ones....whichever comes first.

With my job it's like a game of "how long can I stay." It becomes pure entertainment after Feb 20, 08 because I won't lose anything if I lose my job after that. I just gotta be here when I trip the medical bennies so I wont have to depend on jobs or federal services after that for medical.

Lol, it's funny, candidates that are in the mix for the 4 layoffs in my group are fighting like banchee's to be picked. They're all of retirement age, and they'll get a year's severands pay and other bennies, plus they can collect 26 weeks of unenployment. It much better to get a seperation package, than to simpley retire, and they don't want to wait for the next layoff cycle.

_________________
Lesser-evilism is war.


Top
 Profile  
 
 Post subject:
PostPosted: Thu Nov 09, 2006 6:03 pm 
Offline

Joined: Sun Dec 01, 2002 7:21 am
Posts: 3102
Location: SLS
Hang in there Baddy - you know the old saying..... What's gonna happen when all the smart people die ??


You're VERY smart and well worth listening to---THAT's why they kept ya and will continue to.

Just fiqure out how to get the USA back to being the good ole' USA again and you will be shining - in your spare time of course :wink:


Top
 Profile  
 
 Post subject:
PostPosted: Thu Nov 09, 2006 6:07 pm 
Offline
Banned
User avatar

Joined: Mon Nov 06, 2006 2:00 pm
Posts: 284
Location: The Future
Hi. It's me. I'm back. Did you guys miss me? :twisted:

_________________
The WHITE ZONE is for loading and unloading only!!


:twisted: HAIL AMNERIKA!!! :twisted:


Top
 Profile  
 
 Post subject:
PostPosted: Fri Nov 10, 2006 3:18 am 
Offline
User avatar

Joined: Fri Jul 14, 2006 5:11 pm
Posts: 2394
Location: Just N. of Boston, MA, USA
The Central Scrutinizer wrote:
Hi. It's me. I'm back. Did you guys miss me? :twisted:
Now I've got my erection back! :mrgreen: :mrgreen: :mrgreen:

--Bat :wink: :twisted:

_________________
Image<------PhotoArtWerk by debutante_daisy http://www.facebook.com/BatchainTheMovie


Top
 Profile  
 
 Post subject:
PostPosted: Fri Nov 10, 2006 3:19 am 
Offline

Joined: Fri Sep 23, 2005 9:14 am
Posts: 5546
Bet you found it in the last place you left it, right?

_________________
" . . . On the outside now . . ."


Top
 Profile  
 
 Post subject:
PostPosted: Fri Nov 10, 2006 4:09 am 
Offline
User avatar

Joined: Sat Oct 19, 2002 10:56 pm
Posts: 3321
Location: Aotearoa NZ
i hate scrolling all th way uip to the top
just to find out its a good newz thread .. FUKK

_________________
Image


Top
 Profile  
 
 Post subject:
PostPosted: Fri Nov 10, 2006 7:08 am 
Offline
User avatar

Joined: Thu Nov 17, 2005 10:19 am
Posts: 7047
Location: Eastern CT coast
I'm editing in the "other" vegtable song here (I think it released about 4 months before AF), cuz in my previous post that was here, it wasn't all good news. :)

http://znakomi.com/zappaforum/2006/TheO ... leSong.mp3

_________________
Lesser-evilism is war.


Last edited by baddy on Fri Dec 01, 2006 7:44 pm, edited 1 time in total.

Top
 Profile  
 
 Post subject:
PostPosted: Fri Dec 01, 2006 4:34 pm 
Offline
User avatar

Joined: Fri Dec 06, 2002 3:49 pm
Posts: 1839
Location: The White Zone
I got a promotion, a raise, and I'm gettin' married. :shock: 8)

vcf

_________________
There isn't much chance that you'll get people to like you. The best that most folks can hope for is that people will put up with their shit. MTF

Revel in your otherness. MK

STILL pissed at Tipper. VCF


Top
 Profile  
 
 Post subject:
PostPosted: Fri Dec 01, 2006 4:38 pm 
Offline
User avatar

Joined: Tue Oct 29, 2002 12:41 pm
Posts: 18004
Location: City Of Tiny Lites
Wow, congrats VCF!!!

_________________
Image


Top
 Profile  
 
 Post subject:
PostPosted: Fri Dec 01, 2006 4:39 pm 
Offline
User avatar

Joined: Sun Aug 31, 2003 2:41 pm
Posts: 16807
VCF wrote:
I got a promotion, a raise, and I'm gettin' married. :shock: 8)

vcf


Congrats! Does the raise have to do with the promotion or the getting married?


Top
 Profile  
 
 Post subject:
PostPosted: Fri Dec 01, 2006 7:46 pm 
Offline
User avatar

Joined: Thu Nov 17, 2005 10:19 am
Posts: 7047
Location: Eastern CT coast
VCF wrote:
I got a promotion, a raise, and I'm gettin' married. :shock: 8)

vcf


yEoWSeR! That's like...almost too much good news! :)

Congrats!

_________________
Lesser-evilism is war.


Top
 Profile  
 
 Post subject:
PostPosted: Sat Dec 02, 2006 4:06 am 
Offline

Joined: Mon Apr 03, 2006 6:54 pm
Posts: 8855
Location: The Thumb
I was pleased to learn that my co-workers thought I was a decade younger than I really am. Small victory thanks to good genes. :wink:

_________________
*********************************************************************
Image


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 120 posts ]  Go to page Previous  1, 2, 3, 4, 5  Next

All times are UTC - 8 hours


Who is online

Users browsing this forum: Google [Bot] and 14 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group