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Chile’s inflation rate fell in February as economy weakens

Bloomberg Chile’s inflation rate fell for the first time in three months in February after the economy expanded at the slowest pace in almost six years. Consumer prices rose 4.7 percent from the year earlier, the National Institute of Statistics said on Tuesday in a report on its website, compared with 4.8 percent the month before. The median estimate of ...

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Pacific Alliance seek to reassure investors amid turmoil

Bloomberg Finance ministers from Mexico, Colombia, Chile and Peru met investors in New York in an attempt to reassure the markets of the stability of their economies after a slump in commodity prices and economic malaise in Brazil. The four countries, which formed the Pacific Alliance in 2011 to integrate their economies, explained to investors how they’ve have been responding ...

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Brazil’s in crisis and this Blue-Collar town couldn’t be happier

Bloomberg Not many people in Brazil look back on the crisis-plagued years from the late 1980s to the early 1990s as a golden era. But the people of Franca do. The country’s capital for men’s footwear is among large sections of Brazil that watched their manufacturing sectors atrophy in the emerging-market frenzy and commodities boom of the 2000s. Now the ...

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