Chile's dry summer climate in the central zone, where rich land is watered by the melting Andean snows, is comparable to the best of California or New Zealand.

ECONOMIST: Chile

The rotten economic news over the summer and the deepening euro-zone mess mean it is easy to forget that countries that now account for half the world's output and most of its population are doing rather well.

ECONOMIST: The world economy

Participants were reacting to the loss of high-quality Libyan crude and its subsequent faster-than-expected resumption, Middle East unrest, the U.S. credit-rating downgrade over the summer, and the ongoing euro-zone sovereign-debt crisis.

WSJ: Oil's Tug of War Is Poised to Continue