Tag: Economic Commission for Latin America and the Caribbean's (ECLAC

• Tuesday, April 25th 2017 - 19:16 UTC

  UN forecasts South American countries average economic expansion at 0.6%

  

  The Economic Commission for Latin America and the Caribbean (ECLAC) updated growth projections for economic activity in the region in 2017 and forecasts a 1.1% average expansion for this year, the United Nations body stated on Monday in a press release. This projection is slightly below the 1.3% that was estimated in December 2016.

• Tuesday, May 21st 2013 - 06:27 UTC

  Massive money easing in rich countries making Latam currencies too strong

  

  Currency strength due to stimulus measures in the developed world is currently Latin America's Achilles' heel, though the region's macroeconomic management is a bright spot, the head of the United Nations' body for the region said on Monday.