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Showing posts with label Growth in Latin America. Show all posts
Showing posts with label Growth in Latin America. Show all posts

Wednesday, August 10, 2011

Morgan Stanley Says Latin America May Slow With Global Recession

(Bloomberg) -- Growth in Latin America may see a "significant slowdown" if the U.S. and Europe return to recession, even though the region's economies are in a good enough financial shape to avoid a crisis, Morgan Stanley said.

"It may be too early to pronounce a global downturn, but there is little doubt that Latin America can't escape without seeing its growth path suffer," Morgan Stanley said in a report today.