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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Latin America faces pain as commodities party ends

Posted on 16 October 2008

From Guardian: The end of a long global commodities boom threatens to hit Latin America harder than any other region, putting a sharp brake on its economies and pressuring government spending plans.

From bulging foreign reserves and the emergence of corporate giants to the destruction of vast areas of the Amazon rain forest, booming commodity prices have reshaped Latin America as supplier of the world’s raw materials and underpinned its resurgent economies…… Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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