Saturday, April 4, 2009

Argentine Politics Reacts to Financial Woes - washingtonpost.com

Falling commodity prices, the international credit crunch and a drop in demand for many of the region's exports have slowed several once-robust Latin American economies. The Inter-American Development Bank this week projected that Latin America's seven largest economies -- including Argentina, Brazil, Mexico and Venezuela -- could face an average growth rate of 0.1 percent annually over the next five years if developed countries do not begin recovering this year. Between 2003 and 2007, those seven economies grew at an average of 5.8 percent annually.
Argentine Politics Reacts to Financial Woes - washingtonpost.com

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