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Guatemala

Guatemala Articles

Economy

Six months into his first term in office, President Álvaro Colom announced a cabinet reshuffle in July. Guatemala's leader replaced his health and agriculture ministers, Eusebio... 2008-07-30


Economy

BMI View: In line with policymakers across the Latin American region, Guatemala's central bank, Banguat , raised the country's benchmark interest rate by 50bps in July to 7.25%.... 2008-07-30


Economy

BMI View: Faced with mounting energy bills and shrinking popular support, an increasing number of Central American and Caribbean governments have turned to Venezuelan leader Hugo... 2008-07-22


Economy

BMI View: After holding up surprisingly well in the early months of the year, remittance growth has finally started to relent, as Guatemalan workers in the US are faced with increasing... 2008-07-22


Economy

Guatemala's Interior Minister Vinicio Gomez, and Deputy Interior Minister Edgar Hernández, died in a helicopter crash on June 27. Pending an investigation, the fatalities occurred... 2008-07-02


Economy

BMI View: Despite concerns that American holidaymakers would stay away amid a US economic slowdown, tourism flows have remain relatively robust so far in 2008. Related revenues... 2008-07-02


Economy

Headline inflation surged into double digits in April at a rate of 10.4% y-o-y. This CPI outturn represented the fastest pace in well over a decade, fording the government to launch... 2008-06-09


Economy

BMI View: We are concerned about the spike seen in Central America's cumulative trade deficit in recent years caused by robust domestic demand and soaring global commodity prices.... 2008-06-09


Economy

The ruling Unidad Nacional de la Esperanza (UNE) temporarily suspended congress leader Eduardo Meyer at the beginning of June, pending the outcome of corruption allegations filed... 2008-06-09


Economy

The Guatemalan quetzal continues to move in our favour, strengthening by 3% to around nine-year highs of GTQ7.4100-7.4300/US$ so far in 2008. In the past, the central bank ( Banguat... 2008-06-04

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