Feb 18 2016
El mercado del café llegó en enero al nivel más bajo en dos años, debido principalmente al descenso de los precios del robusta, informó Robério Oliveira Silva, director de la Organización Internacional del Café (OIC).
Feb 16 2016
Como una medida para aliviar el impacto económico del fenómeno de ‘El Niño’ para los productores, desde este martes la Federación Nacional de Cafeteros pagará el total de la pasilla.
Para cumplirlo, el gremio cafetero publicará diariamente el precio de referencia de la pasilla.
Feb 15 2016
Un total de 65.972 toneladas de arroz entrarán durante este primer semestre, como resultado de la subasta que da el derecho a importar a Colombia este cereal estadounidense, con cero arancel.
Se sabe que entre abril y junio hay una relativa baja oferta del cereal que se cosecha en el país, por lo que este volumen entra a suplir la posible escasez que llegue a presentarse.
Por otra parte, evita que esta llegue para la cosecha nacional del grano, que empieza a recogerse en el mes de julio.
Oct 17 2019
“BOLIVIA IS AN insurrectionary nation,” declares Norma Berno, a tiny woman with piercing eyes at a “rally for democracy” on October 10th in La Paz, the administrative capital. In the early 2000s she demonstrated in favour of nationalising Bolivia’s large gas reserves, a cause whose popularity paved the way for Evo Morales, a coca farmer and union organiser, to become the country’s first indigenous president in 2006.
Now some insurrectionists are turning against him. At the democracy rally, held on the 37th anniversary of the end of military dictatorship, Ms Berno joined tens of thousands of demonstrators in Plaza San Francisco to toot vuvuzelas and hurl insults at the absent president. Among her chief complaints are the poor quality of public services, the lack of formal jobs and the president’s decision to run for a fourth term, in defiance of the constitution and a referendum vote in 2016. “I thought he was going to change the country for the better,” she says. “I was wrong.”
Mr Morales has certainly brought change. Profits from exports of gas, which he nationalised at the start of a global commodities boom, were redistributed to the poor. Since he came to power, the share of the population living on less than $1.90 a day has dropped by two-thirds, to 6%, according to the World Bank. A new constitution expanded the...
Oct 17 2019
IT IS BECOMING a familiar story. In the aftermath of the South American commodity boom, a centrist president has to repair economic damage caused by a leftist populist and, either because of technical or political mistakes, botches the job. The IMF is blamed for measures that would be even more painful without its money. It has happened in Argentina. And now it is happening to Lenín Moreno in Ecuador. After a fortnight of protests, rioting and looting, on October 13th he withdrew a decree eliminating fuel subsidies. His government will find it hard to recover.
Mr Moreno was elected in 2017 as the successor of Rafael Correa, an autocratic populist. Ending a period of instability which had seen five presidents come and go in ten years, Mr Correa ruled successfully for a decade, thanks to the commodity boom. Higher oil revenues, plus expensive and opaque Chinese loans, allowed him to build roads, hospitals and schools while also squandering billions. He doubled the size of the state. But after the oil price plunged in 2014 the economy fell into recession. Mr Correa stepped aside, but backed Mr Moreno, his former vice-president, who has used a wheelchair since he was shot in an attempted robbery in 1998.
Mr Moreno broke with the policies of his predecessor. He had little choice. In 2000 Ecuador adopted the dollar after its...
Oct 17 2019
TRES DE FEBRERO, a grimy industrial suburb of Buenos Aires, is named for the date of a battle that took place nearby in 1852. The victorious general, Justo José de Urquiza, went on to promulgate Argentina’s federalist constitution. Today the district is a battleground in a national election whose result could be nearly as momentous. It pits President Mauricio Macri, a reformer who has failed to modernise Argentina’s economy, against Alberto Fernández, whose Peronist movement is the reason the country needs so much reform.
In 2015 Tres de Febrero voted for Mr Macri, helping end 14 years of Peronist rule in Argentina. But his mistakes helped bring about a recession, an inflation rate of more than 50% and a $57bn bail-out agreement with the IMF, the fund’s largest ever (see chart). Argentina’s poverty rate of 35.4% is its highest in more than a decade. Now voters in Tres de Febrero are swinging back to the Peronists. “I voted for Macri, but not again,” says Carlos, a worker at a biscuit factory. “After four years I can barely pay my bills or feed my family.” He backs Mr Fernández, who has a commanding lead in the polls nationwide. Mr Fernández could win in the first round of voting, scheduled for October 27th.
What stirs hope in Tres de Febrero inspires fear in the financial markets and much of Argentina’s middle class....