- 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.
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!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: