The fiscal debate in the United States has become a recurrent issue that keeps the world, and Latin America and Caribbean economies in particular, in suspense.
Showing posts with label Latin America and Caribbean economies. Show all posts
Showing posts with label Latin America and Caribbean economies. Show all posts
Monday, January 14, 2013
Wednesday, October 19, 2011
Fla businesses see bright future with free trade
Florida businesses are celebrating the approval of the free-trade agreements with Colombia, Panama and South Korea, hoping they boost both the state's exports and its image as the gateway to Latin American business opportunities.
The agreements approved last week will eliminate tariffs on U.S. products, help protect intellectual property and improve access for American investors in those countries. Experts say they could boost the nation's exports by $13 billion and the Obama administration says it will add at least 70,000 new jobs for Americans. Working out the final details with the other countries could still take several months.
The agreements approved last week will eliminate tariffs on U.S. products, help protect intellectual property and improve access for American investors in those countries. Experts say they could boost the nation's exports by $13 billion and the Obama administration says it will add at least 70,000 new jobs for Americans. Working out the final details with the other countries could still take several months.
Wednesday, September 21, 2011
IMF Cuts Latin America 2011 GDP Forecast on Slowing Demand
The International Monetary Fund cut its 2011 economic growth forecast for Latin America as domestic demand slows on tighter macroeconomic policies and weaker global growth.
Driven by commodity producers, Latin America and Caribbean economies should expand 4.5 percent this year, below the forecast of 4.6 percent made in the IMF’s World Economic Outlook Update in July, the fund said in a report today. Argentina and Chile will lead the region, growing 8 percent and 6.5 percent respectively, while the region’s biggest and second-biggest economies -- Brazil and Mexico -- will both climb 3.8 percent.
Driven by commodity producers, Latin America and Caribbean economies should expand 4.5 percent this year, below the forecast of 4.6 percent made in the IMF’s World Economic Outlook Update in July, the fund said in a report today. Argentina and Chile will lead the region, growing 8 percent and 6.5 percent respectively, while the region’s biggest and second-biggest economies -- Brazil and Mexico -- will both climb 3.8 percent.
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