1. Timbmet, whose yards had earlier been the target of demonstrations by Earth First! 2. Asia accounts for a third of Chilean exports, and lower demand from the region is expected to hound corporate profits. 3. Asian countries buy about one-third of Chilean exports of copper, fishmeal, pulp and other goods. 4. About one-third of Chilean exports go to Asia, making it the most exposed country in Latin America to Asian economic woes. 5. Agriculture and forestry products are the largest component of Chilean exports. 6. Chilean exports typically rise in the first part of the year as fruit sales pick up. 7. Commodities exporters declined again on concern that an economic slowdown in Asia will reduce demand for Chilean exports, such as copper and pulp. 8. Japan is the second-biggest buyer of Chilean exports, after the U.S. 9. Lizana called on the central bank to reduce interest rates, helping to weaken the peso against the dollar and make Chilean exports cheaper. 10. Officials from the Finance Ministry met today with central bank officials to discuss how the economic slowdown and plunging markets in Asia will affect Chilean exports. |