Rest of the world.

Rest of the World

                                           GDP
                                  % change on year ago

                                                 LT forecast

                         latest            2004    2005E    2006F

Belgium               1.1    Q3 '05         2.6      1.5      2.1
Canada                2.8    Q3 '05         2.9      3.0      3.3
China                 9.4    Q3 '05         9.5      9.3      8.5
France                1.8    Q3 '05         2.1      1.6      1.9
Germany               1.4    Q3 '05         1.1      0.9      1.5
Hong Kong             8.2    Q3 '05         8.1      6.5      5.6
India                 8.1    Q2 '05         6.9      7.2      7.0
Italy                 0.0    Q3 '05         1.0      0.2      1.5
Japan                 2.9    Q3 '05         2.6      2.4      2.5
Korea                 4.4    Q3 '05         4.6      3.7      4.4
Netherlands           0.9    Q3 '05         1.7      0.8      1.6
Russia                6.1    Q2 '05         7.2      5.9      6.0
Spain                 3.5    Q3 '05         3.1      3.5      3.0
Switzerland           3.2    Q3 '05         2.1      1.1      1.5
United Kingdom        1.6    Q3 '05         3.2      1.7      2.2
United States         3.6    Q3 '05         4.2      3.6      3.4

                                  Consumer prices
                                % change on year ago

                                                LT forecast

                          latest           2004    2005E    2006F

Belgium               3.2    Sep '05        2.1      2.4      1.9
Canada                3.4    Sep '05        1.8      2.1      2.0
China                 1.3    Aug '05        3.9      3.3      3.0
France                2.2    Sep '05        2.2      1.9      1.6
Germany               2.5    Sep '05        1.7      2.0      2.0
Hong Kong             1.6    Sep '05       -0.4      1.7      2.3
India                 3.6    Sep '05        3.8      5.0      5.1
Italy                 2.0    Sep '05        2.2      2.2      2.0
Japan                -0.3    Sep '05        0.0     -0.2      0.2
Korea                 2.7    Sep '05        3.6      3.1      3.2
Netherlands           1.8    Sep '05        1.2      1.4      1.1
Russia               12.3    Sep '05       11.7     14.0     10.0
Spain                 3.7    Sep '05        3.0      3.4      3.3
Switzerland           1.4    Sep '05        0.8      1.2      1.0
United Kingdom        2.7    Sep '05        1.3      2.1      2.3
United States         4.7    Sep '05        2.7      3.2      2.5

                      Interest rates
                       % per year

                         Lending

Belgium              6.70    Sep '05
Canada               4.50    Sep '05
China                5.58    Sep '05
France               4.70    Sep '05
Germany              2.09    Sep '05 ([double dagger])
Hong Kong            7.00    Sep '05
India               10.79    Sep '05
Italy                2.14    Sep '05 ([double dagger])
Japan                1.64    Sep '05
Korea                5.60    Sep '05
Netherlands          2.75    Sep '05
Russia              10.50    Sep '05
Spain                2.09    Sep '05 ([double dagger])
Switzerland          3.03    Sep '05
United Kingdom       4.50    Sep '05
United States        6.59    Sep '05

                     Exchange rates
                    December 6, 2005

                  per US$   per euro

Belgium              0.85         --
Canada               1.16       1.36
China                8.08       9.46
France               0.85         --
Germany              0.85         --
Hong Kong            7.75       9.14
India               46.23      54.14
Italy                0.85         --
Japan              120.59     141.29
Korea               1,016      1,190
Netherlands          0.85         --
Russia              28.93      33.88
Spain                0.85         --
Switzerland          1.32       1.54
United Kingdom       0.58       0.68
United States          --       1.17

                   International reserves ([dagger])
                            US$ billions

                          latest       year ago

Belgium               9.2    Sep '05       10.6
Canada               33.5    Sep '05       36.2
China               772.3    Sep '05      519.0
France               30.5    Sep '05       32.5
Germany              47.6    Sep '05       48.4
Hong Kong           122.7    Sep '05      118.4
India               138.3    Sep '05      115.4
Italy                25.3    Sep '05       27.3
Japan               831.1    Sep '05      820.8
Korea               206.7    Sep '05      174.4
Netherlands           9.5    Sep '05        9.8
Russia              155.8    Sep '05       91.3
Spain                 9.4    Sep '05       12.8
Switzerland          36.4    Sep '05       50.1
United Kingdom       42.5    Sep '05       41.7
United States        60.2    Sep '05       71.5

                     Unemployment rates
                          % rate

                          latest

Belgium               8.4    Sep '05
Canada                6.2    Sep '05
China                  --    --
France                9.8    Sep '05
Germany               7.9    Sep '05
Hong Kong             5.3    Aug-Oct'05
India                  --    --
Italy                 7.7     Q2 '05
Japan                 4.2    Sep '05
Korea                 3.6    Sep '05
Netherlands           6.2    Aug-Oct'05
Russia                 --    --
Spain                 8.4     Q3 '05
Switzerland           3.6    Sep '05
United Kingdom        2.8    Sep '05
United States         4.8    Sep '05

([dagger]) Excluding gold, IMF definition. ([dagger]) Money
market rate.

SOURCE: IMF, individual countries, Oanda, LATIN TRADE