LatAm Poised for a Turnaround
LatAm Poised for a Turnaround

LatAm Poised for a Turnaround

LatAm Poised for a Turnaround

In these early days of 2018, it is sad and ironic that just as Latin America is reemerging from a prolonged period of recession and sluggish growth, it’s most important trading and investment partner, the United States, is looking inward and embracing economic nationalism, Miamiherald reported. The importance of US commerce with the Americas cannot be overstated. US producers export three times more to Latin America than to China. Central and South America (excluding Mexico) purchase 50% more US goods than do the Chinese. In total trade, Latin America accounts for approximately 25% of total US trade, and the United States runs a surplus of more than $2 trillion with the region. As for foreign direct investment, 73% of the total ($170 billion) comes from the United States. Growing confidence among the private sector, accommodative financial conditions, rising commodity prices and overall improvement in the global economy will usher in 2.4% growth in 2018 and 2.7% in 2019, it is predicted.

Short URL : https://goo.gl/sSRgkx
  1. https://goo.gl/4iKgmF
  • https://goo.gl/jmZEbg
  • https://goo.gl/fMbXv7
  • https://goo.gl/bNKH4S
  • https://goo.gl/sEByMb

You can also read ...

Close to 40% of digital transformation initiatives will be supported by AI capabilities.
The digital economy in Asia-Pacific, or APAC, is expected to...
An electronic stock indicator of a securities firm in Tokyo.
As investors come to terms with the impending end of easy...
Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
Italy’s economy is growing again, but it’s still the worst...
Maersk is expanding its competitive universe to include different types of companies.
The world’s largest container company will start looking for...
Lloyds Profits Miss Forecasts
Lloyds Banking Group PLC raised its 2017 dividend by 20% and...
NZ Says Pacific Trade Deal Will Boost GDP
New Zealand estimates a Pacific trade deal would boost its...
CBs May Top Inflation Targets
Not only will central banks meet their inflation targets, they...
Pak Current Account Gap Widens
Pakistan’s current account deficit widened 28.74% on a month-...

Add new comment

Read our comment policy before posting your viewpoints