Sunday, October 04, 2009

Ooops

The nascent global recovery is dividing Latin America between economies that pay the price for ties with the United States and those that benefit from growing links with Asia, experts said.

[...]

In its economic forecasts published Thursday, the IMF said that Latin America had begun to recover from the global economic crisis and would post growth of 2.9 percent in 2010.

But there were wide disparities, with countries such as Mexico, which depends heavily on the United States, losing out and others like Brazil benefiting from rising exports to China.

  Raw Story


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