All Entries Tagged With: "2010"
Outlook 2010: Consensus Economic Forecast
Five years of stellar growth came to a crashing halt late last year as the global economic recession took hold. A year later, governments around the world have instituted economic stimulus packages that seem to have stemmed the worst effects of the crisis and have set the stage for a recovery in 2010 – at [...]
Waiting for the U.S. To Grow
Many Mexicans cannot remember having lived through a recession like the current one.
Economists are forecasting Mexico’s economy will shrink by 7 percent this year, its worst economic setback in eight decades and one of the deepest contractions of any Latin American nation.
With Oil Prices on the Rise Venezuela Set to Rebound in 2010
Now the nascent financial recovery in industrialized nations appears set to pull Venezuela’s oil-dependent economy out of its slump, keeping it from becoming collateral damage in the global meltdown.
Pinning Hopes On a Bumper Crop
Argentine economists warn that the government’s restrictive economic policies, combined with a lack of access to international financial markets, will thwart any rapid return to the heated expansion of recent years.
Mining To Recovery
Strong gold exports offered Peru a needed lifeline during the global financial turmoil of the past year. Now, copper, silver, zinc and lead could help lead the economic recovery in the resource-rich nation.
From Bad To Worse?
Although the rest of Latin America and parts of the Caribbean are showing early signs of economic recovery, experts said there are few indications Central America is emerging from its worst economic crisis in the past quarter-century.
Caribbean Grapples with Downturn
The worldwide economic crisis has interrupted the Caribbean’s most robust rate of sustained economic growth since the 1960s. From Antigua to Trinidad & Tobago, nations are grappling with a slump in exports, a decline in tourism, rising fuel costs, higher unemployment and a drop in both foreign direct investment and remittances.
Full Steam Ahead
RIO DE JANEIRO — Brazilian authorities signaled their bullish outlook on the economy in August, when Finance Minister Guido Mantega changed the name of the government’s Commission on the Crisis – launched during the depths of the global financial slump – to the Commission on Competitiveness.
Spurred on by revived consumer demand and better access to [...]
Editor’s Note: Into the Storm and Beyond
With this edition of Latin Trade, we bring you two issues in one: both the commemorative issue to showcase the 15th BRAVO Business Awards, including past winners and the honorees of 2009, and some of our regular features, including the economic outlook for 2010 in countries around the region.
