Holding Steady (Schineller)

Latin America and the Caribbean: Holding steady so far, but risks loom by Lisa M. Schineller published by Standard & Poor’s. “Our economic outlook for Latin America continues to hold fairly steady amid uncertainty in the global economy. Standard&Poor’s Ratings Services expects GDP growth in the region to average 3.6% in 2012 and 3.9% in 2013, versus 4.3% in 2011. This forecast is little changed from earlier in the year, but it does now include a somewhat stronger projection for Mexico (and some South American economies) and a weaker outlook for Brazil.”