Tag: financial crisis
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Latin America better girded for financial crisis
Christian Science Monitor: Latin America better girded for financial crisis The region is affected by global downturn, but more prepared this time thanks to greater foreign reserves and less external debt. Mexico City and Sao Paulo, Brazil – As leaders in Washington rushed to stem the growing financial crisis in the United States, Latin American…
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The Financial Crisis About to Get Much Worse
The collapsing Anti-Bush products industry. (HT: Greg Mankiw) (WARNING: Offensive words presented in images.) Economists Warn Anti-Bush Merchandise Market Close To Collapse
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The ghost at the till: Latin America’s economies
The Economist: The ghost at the till: Latin America’s economies UNLIKE the developed world, Latin America has been barely touched so far by the credit crunch. Many of its economies are still growing fast, helped by demand for their commodity exports. But the commodity boom has started to have a less desirable effect: soaring food…