European crisis could reduce Latin America’s growth prospects by 40%

Monday, June 18th 2012 - 01:12 UTC

Full article 3 comments

An aggravation of the European crisis could reduce growth prospects in Latin America up to 40%, said the Inter American Development bank president Luis Alberto Moreno, particularly because of the influence of European financial institutions in the influx of capital to the region. Read full article

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JoseAngeldeMonterrey
Latin America must get away from commodities and create truly industrial societies, this is the only way to stop depending on the rest of the world and start generating economies of wealth and prosperity.
Jun 18th, 2012 - 03:40 am - Link - Report abuse 0
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Think
(1) JoseAngeldeMonterrey

Well..............
That's what we; “Comunist Monsters” of Mercosur are trying to do, cuate....
Jun 18th, 2012 - 04:22 am - Link - Report abuse 0
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ManRod
Think, Brazil is doing it... Argentina, or better say, CFK is doing her best efforts to destroy even the existing industrial apparatus in their own country, imposing impossible “restrictions” and “extra-taxes”

Good Luck
Jun 19th, 2012 - 11:40 am - Link - Report abuse 0
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