Embedded Files
Post date: Sep 13, 2010 2:24:40 PM
AMERICAS CONFERENCE SPECIAL REPORT
AMERICAS CONFERENCE SPECIAL REPORT
As the U.S. economy struggles, Latin America and the Caribbean are rebounding
As the U.S. economy struggles, Latin America and the Caribbean are rebounding
Clear winners:
Brazil, Peru, Uruguay and Panama
Clear losers such as
Haiti and Venezuela.
``It's almost like the United States and Latin American switched places,''
said Lasaga, president of Miami consulting firm StratInfo. ``This time Latin America is the region with the good economic indicators.''
Economic wobble in the United States could derail Latin America and Caribbean economies, no more true
chinese investments stabilized region
Brazil: Real currency up
Strong currencies signal success
2005 $1 bought 3.5 Reais
2010 $1 bought 1.7 Reais
Brazil will grow 8% 2010 with tendency 10% 2011
Brazil will host, and the 2016 Olympics,
which will be held in Rio de Janeiro, things are expected to get even better. Between now and 2016, the federal government plans to invest $6.3 billion in transportation infrastructure, $3.1 billion in airports, and $420 million in upgrading ports. Local governments plan to spend $2.1 billion to build and upgrade stadiums for the World Cup.
source: miamiherald.com
Page updated
Google Sites
Report abuse