Cepal sees Latin American exports falling 10 percent in 2016 Latin America is in a negative spell as exports grow less than the region’s economy, and less demand means less investment, said Alicia Bárcena (above), Executive Secretary of the Economic Commission for Latin America and the Caribbean (Cepal). “ Last year, exports fell 14 percent, and this year we expect a 10 percent drop,” Bárcena said at the organization’s 36th session, held this year in Mexico City. The country’s Finance Minister, Luis Videgaray, agreed with Bárcena and added that Mexico and Latin America need to open and increase their markets, as well as promote innovation to increase production. Source: Milenio. Photo: Friends of Europe/Flickr Despite good results, Chile’s Cencosud sticks […]
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