- Foreign investment in Latin America risks “drying out” due to economic turmoil and fiscal instability sparked by the COVID-19 pandemic, especially if Chinese-led commodity demand remains weak, a former Colombian finance minister said on Tuesday.
“There is a risk that markets for the region dry out somewhat, [due to] large recessions, high unemployment, deteriorated fiscal accounts and low terms of trade,” Mauricio Cardenas told the Reuters Global Markets Forum.
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Lastima que MauricioCard haya despilfarrado la bonanza petrolera del gobierno de JuanManSantos para pagar mermelada (favores políticos) y hoy en pandemia el país va a sufrir mucho y por muchos años!