28.01.2009 - Global crisis is good news for IFIs in Latin America

From Irc-online.org: The World Bank and Inter-American Development Bank (IDB) have announced dramatic increases in lending to Latin America in the wake of the global credit squeeze triggered by the U.S. financial collapse. Crowded to the margin in recent years by demands for financial independence backed by high commodity prices and steadily growing reserves, the World Bank, IDB, and International Monetary Fund (IMF) are happily back in business. .... Full Article: Source

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