Tag: Latin American
Latin AmericanLatin American leaders at G-20 call for responsibility from rich countries
Leaders from Brazil, Mexico and Argentina in the framework of the G-20 summit in Korea called on rich countries for a commitment to end the “currencies war” and ensure balanced growth out of the current crisis.
Ending the commodities ‘curse’
By Augusto de la Torre (*) - In 1672, Potosí, Bolivia, was one of the largest and richest cities in the world. Located at the base of Cerro Rico, Potosi was a hotbed of Spanish silver mining, the operations of which were so prolific; a Potosi became synonymous for great riches.
Positive sustained growth prospects for Latin America in 2010, forecasts IMF
The Latin American economy could grow by as much as 5% this year, more strongly than previously expected (4%), driven by Brazil's vigorous expansion, according to a senior International Monetary Fund official.
IMF Says Latam Recovering Faster than Expected but With “Bubble” Risks
The recovery in Latin America and the Caribbean is advancing faster than anticipated but at different speeds across countries, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook-Western Hemisphere report, which was launched Tuesday in Montevideo, Uruguay.
Kirchner Gets UNASUR Job; Mujica Admits “Political Cost” but Privileges Unity
Former Argentine president Nestor Kirchner was sworn Tuesday as Secretary General of the Union of South American Nations, UNASUR, following the consensus reached among the twelve country members overcoming differences of previous meetings.
