Posts
08 July 2009
Latin American Economy To Contract More Than Predicted.
Bloomberg reports that..."Latin America’s gross domestic product will shrink 2.6percent in 2009, down from a previous forecast for a 1.5 percent drop, according to an update of the IMF’s World Economic Outlook. The region will bounce back in 2010, expanding 2.3 percent, up from a previous forecast for growth of 1.6 percent."
