http://www.france24.com/en/20121223-mexico-catches-brazil-boom-falters
Foreign investors' newest flavor of the month...is hot with spicy undertones.
It's Mexico.
Weakened global demand for commodities has reduced Brasil's growth....while Mexico has succeeded in reducing its cost of doing business.
Brasilia has badly lagged in reducing red tape, corruption and upgrading infrastructure... while suffering wage inflation.
Brasil's higher production costs have scared off investors.
The proof is in the numbers.
In Q3...Brasil reported only .9% growth...while Mexico recorded 3.5%....and a blistering 4.2% from Jan-Sept.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- CUBA : A Look Inside Cuba's Notorious Combinado del Este Prison ; No Free Speech Results From Dissidents Travels.
- ANIMALS / HUMOR / IMAGES : Cats: Love Them Or Hate Them; Website Now Lets Owners Shame Them.
- RUSSIA : RuNet Glossary; 10 Must Know Slang Words.
- Summarizing Mexico's Dire Oil Situation.
- CHILE : 24 May UPDATE :More Anti-Patagonia Dams Protests...And Clashes; 22 Injured In Valparaiso.
- Microsoft's Gaffe: Black Man In US Ad Becomes White In Poland.
- POLAND: Dead President's Sick Mom Only Now Learned Of His Death.
- BELARUS: 13 April UPDATE: 2 "Confess" For Minsk Subway Bomb That Killed 12, Injuring 200..
- Petrobras Eyes Angola For More Oil Investments.
