Monday, October 19, 2009

Roubini RGE Monitor raises its forecast for Latin America

RGE Monitor, Nouriel Roubini’s economic research and advisory service, raised its forecast for Latin American growth in 2010, saying global stimulus plans and interest-rate cuts are sparking a rebound. The region’s economy will grow 3.3 percent next year, led by Brazil, after shrinking 2.6 percent in 2009, RGE wrote in an Oct. 14 e-mailed note. (Source Bloomberg)
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