lunes, 16 de noviembre de 2015

Terrorist attack in France: Is the chilean economy safe?



During the early morning of Saturday 14th, seven terrorist attacks occurred in the city of Paris, France. A group of terrorists of ISIS terrorist organization attacked seven points of the city of lights as the Bataclan and the Stade de France. The balance of the attack is by now more than 120 killed and many injured citizens. 

In the economic area, the stock in France falls in 0.14 %, and most of the stock in Asia falls down slowly, according to the newspaper "El Pulso". In Chile,Ramiro Galeano, an analyst at Forex Chile, said that despite the global landscape "in Europe inflation is slightly positive relative to expectations as it is 0.1% and 0% predicted (...) We must be attentive to stimuli that are made by the European Central Bank", referring to the possible repercussions that the attack in France could take on the economic side.

Today, the national and international outlook is unclear. The analysts say that the economy could change and resemble the economic situation that followed the terrorist attacks in 11-S in United States and 11-M in Spain. In this case, the online newspaper "El Líbero" has made a comparision between the attacks and the repercussion they had in economy. According to this “ trend” , the stock market would go down, but after a few weeks the economy will be “regulated”. All of this because the stock market wasn’t at the down, so the conditions for the market to regulate itself are favorable.

So, with all the information of the changes that the stock is suffering right now and making a comparison between past situations, the attack will affect the chilean economy in ways we don't clearly know, but they will be negative since the stock market have a tendency to go down.

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