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Reversal of Fortunes in Latin America

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Over the last 10 years, fortune has smiled upon exporters of natural resources. In Latin America, countries in Central America, the Caribbean and México, all tied traditionally to the U.S. economy, have grimaced with envy as investment dollars went to South America, whose economic motor is China. But softening commodity prices, a resurgent U.S. economy and a renewed thirst for reform in México promises to lift the Aztec nation and some of its neighbors out of a decade of slow growth. Softening commodity prices Seven to 10 years ago, the mining and energy sectors plunged billions into exploration. Those efforts […]
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