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4/2/08

sneakydeaky quiztime (III): the answers

click to enlarge (worth it)


You could've knocked me down with a feather, ah tells ya. Eight players this week! That is so cool, and it fills me full of beans and love and rocking stuff like that to keep going with the sneakydeaky quiz. But I'm not going to spoil it all by prattling on for five paragraphs, so let's get on with the answers. Here we go!

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I asked:
1) Which of these Latin American heads of state has NOT spent time in jail?
a) Rafael Correa
b) Michelle Bachelet
c) Lula da Silva
d) Evo Morales

The answer is a) Rafael Correa. You dudes clearly had Lula down as a troublemaker, but lots of you didn't know that Bachelet was arrested during the Pinochet era and she was tortured too. Evo had his chilltime back in the 80s. So the right answer was Correa, but it has to be pointed out that Correa has spent a lot of time in Belgium, and that's worse than prison, frankly.

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I asked:
2) In which country is Latin America's biggest gold mine?
a) Mexico
b) Ecuador
c) Brazil
d) Peru

The answer is d) Peru. The mine is Yanacocha, it's run by Newmont (NEM) and Buenaventura (BVN), the World Bank has a minority share. Intriguingly nearly all production goes straight to Switzerland, and the tinfoil hat brigade can provide you with explanations as to why that is so.

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I asked:
3) Which country has the biggest single iron ore deposit in Latin America?
a) Bolivia
b) Brazil
c) Peru
d) Mexico

The answer is a) Bolivia. Now the sneakydeaky part is that it isn't in production yet (feel free to complain to the editor...he'll laugh), but the El Mutún project in eastern Bolivia outstrips the mines operated by Vale (RIO) and by some order of magnitude. Bolivia is sitting on 15% of the world's known iron deposits at Mutún...pity they can't get organized enough to get it out the ground. No worries now though, cos they got some dudes from India to help out.

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I asked:
4) How many people were killed in road traffic accidents in Argentina in the four weeks March 1st to March 28th 2008?
a) 170
b) 68
c) 155
d) 225

The answer is d) 225. And the only reason it was that low is that the agro strike has stopped all the cars from moving. Argentina; wearing seat belts just ain't macho.

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I asked:
5) What percentage of Peru's population is below the poverty line, according to official gov't figures?
a) 42%
b) 35%
c) 32%
d) 26%

The answer is a) 42%. Incredible isn't it? Six years of non-stop high growth and they can't be bothered to feed their own poor. Go figure.........

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I asked:
6) What approximate percentage of Venezuela's GDP comes directly from oil?
a) 30%
b) 40%
c) 50%
d) 60%

The answer is a) 30%. Oil is 90% of export money, and that's the sneakydeaky trick used to catch you. But anyway, 30% is one helluva big % for a single revenue earner.

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I asked:
7) This chart (click to enlarge)...... ......shows the EMBI+ sovereign rating for three Latin American countries. Which of the follow is not one of the countries in the chart?
a) Ecuador
b) Colombia
c) Argentina
d) Venezuela

The answer is b) Colombia. Colombian debt runs at about 300 basis points, which is where Argentina and Venezuela were this time last year. Meanwhile, Ecuador (the blue line) has been hanging tough....you go girl!

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I asked:
8) Who is the worst Finance Minister in Latin America*?
a) Martin Lousteau
b) Martin Lousteau
c) Martin Lousteau
d) Martin Lousteau

The answer was Martin Lousteau. Hey, you all got that one....cool.

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I asked:
9) Which country's coat of arms does NOT include a condor?
a) Chile
b) Peru
c) Ecuador
d) Colombia

The answer is b) Peru. Bizarro mundo, is it not? The land of majestic birds soaring over snow-capped mountains and bands of musicos panpiping El Condor Pasa to blotchy tourists doesn't have the big bird on the shield, while its Andean neighbours do. Ecuador even has a condor on its flag. You ROCK, Ecuador.

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I asked:
10) Approximately what percentage of Chile's total electricity supply (industrial, domestic, the whole works) does state copper company CODELCO use?
a) 7%
b) 12%
c) 15%
d)22%

The answer is c) 15%, and that's loads. No wonder they're biting fingernails about the electricity supply situation at Cochilco.

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And that was the quiz that was. The winner is bigrichb, who knows what he scored so there's no need to embarrass the dude in public....seriously, congrats to you rich. I'll send over Oppenheimer via FedEx, ok?

By the way: Eccle, you sucked. Señor K,...you too chicken to play? EW, you're totally free to just watch...no need to be scared every week...just sit back and enjoy the muffins.

Look out for the next exciting installment of sneakydeaky quiz coming to a computer screen near you this weekend. Chau for now!