IMF cuts Latin America GDP forecast as Brazil, Mexico falter

RIO DE JANEIRO — The International Monetary Fund reduced its growth forecast for Latin America and the Caribbean as weaker commodity prices threaten to further sap strength from the region's two biggest economies.

Brazil Economy Disappoints With More Slow Growth in 2012

BRASILIA-- Brazil's economy expanded at an annualized rate of 2% in the last three months of 2012, following a slew of government measures intended to spur growth, but still a pace that is frustrating investors who had seen Latin America's largest nation as one of the major drivers of a global economic recovery.

Analysis: Nimble neighbors outshine Brazil on growth

MONTEVIDEO (Reuters) - Swift growth by nimble Latin American countries like Chile, Colombia and Peru has put renewed focus on regional heavyweight Brazil, whose relatively closed, high-tax economy is now sputtering below its potential.