Unasur central bankers anticipate moderation in the region’s growth

Saturday, August 6th 2011 - 08:47 UTC

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Unasur (Union of South American Nations) central bankers meeting on Friday to discuss global financial turbulence saw heightened risks and a moderation in the region's growth, they said in a joint statement published by Chile's central bank. Read full article

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GeoffWard2
Interestingly, Brasil appears in the higher risk catagory of the world listing of Failing States, compared to Argentina.

I guess the exposure to world hot money flows is so much greater. But you have to ask, is it really likely that Brasil's problems are that much greater than Argentina's?
Aug 06th, 2011 - 05:54 pm - Link - Report abuse 0
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