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IMF sharply lowers Latin America's growth for 2015 and 2016, as commodities' prices plunge

Friday, July 10th 2015 - 07:44 UTC
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The International Monetary Fund sharply lowered its growth forecast for Latin America and the Caribbean to 0.5% in 2015 and 1.7% next year, citing lower commodity prices and China's transition to a new growth model. The figures are down from the IMF's April projections for 0.9% growth this year and 2% next year. Read full article


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  • Conqueror

    Oh dear, “Big Chin” isn't what it was!

    Jul 10th, 2015 - 10:10 am - Link - Report abuse 0

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