Latin America the best positioned to face commodity price collapses: S&P
Monday, January 21st, 2013
Latin America will benefit from having “more firepower” than other regions, as strong international reserves are already helping those countries face commodity price collapses, said Lisa Schineller, Standard & Poor’s economist. From Mexico south, the expert believes most countries are in a good place to face commodity price sharp fluctuations because their external debt and financing needs are significantly lower than a decade ago.
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