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IADB cautions Latin America; growth seen up 3.6 pct

Posted on 19 March 2012

Luis Alberto MorenoThe economy of Latin America and the Caribbean should grow 3.6 percent this year, down from recent rates above 5 percent as slower expansion in China, a soft recovery in the United States and debt woes in Europe weigh on the global economy.
The Inter-American Development Bank, in its latest annual outlook released on Sunday, said the region’s fortunes would depend in large part on prices for commodities and demand from its biggest buyer - China………………………………………..Full Article: Source


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