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By David Ramirez Latin Trade’s Multinational Companies (MNCs) index–which measures the US dollar-revenue of the top 25 MNCs operating in Latin America–fell yet again in the last quarter of 2014, by 10.4 percent year on year, as local currencies weakened further against the greenback and economic conditions continued deteriorating. Subsequently, total revenue generated by the MNCs for their activities in the region went down by 13.5 percent in 2014 as a whole, to $215.3 billion. In contrast, the total revenue of this group of MNCs around the world fell by 6.0 percent last year to $1.23 trillion. Headwinds were particularly […]
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