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Friday, November 29

Forbes / Reuters La dolce vita: Is Peru's feelgood factor spreading?: "Toledo never tires of telling voters -- many of whom are underwhelmed by his progress in creating jobs in a nation where more than half the people live on $1.25 a day -- that he has sacrificed his popularity for the sake of economic prudence. The U.S.-trained business school professor, whose approval rating has climbed nearly 10 points recently but is still only around the mid-20s in polls, told reporters this week that rises in the numbers of moviegoers, cellphone users and supermarket sales showed an increasing feelgood factor." Sometimes, you have to look in all directions to find something good to report. In Peru, things like cellphone use can be more telling about the state of the economy, than the standard statistics.

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