Brazil, Chile, Colombia and Peru are in the process of economic recovery, while Argentina, Bolivia, Ecuador, Paraguay, Uruguay and Venezuela are in a recessive phase according to a report released Wednesday and jointly drafted by Brazil’s Getulio Vargas Foundation and the University of Munich. Read full article
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Disclaimer & comment rulesBy all accounts, Chile is not recovering, look at the right side of the page.
Aug 20th, 2009 - 07:47 am - Link - Report abuse 0Chile in recession: economy sinks 4.5% in the second quarter.
It makes perfect sense that the four countries that have the most open markets are recovering the quickest. Brasil, Chile, Peru, and Colombia would do well to form a common market, and maybe even bring in Uruguay which has more solid open-market aspirations than many other countries in the continent.
Aug 24th, 2009 - 08:51 pm - Link - Report abuse 0whats funny is that the countries that are allied with chavez are in recession, chavez is an idiot who believes hes simon bolivar
Aug 25th, 2009 - 12:49 am - Link - Report abuse 0Commenting for this story is now closed.
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