Latin America: Another Good Year, Hopefully

Latin America is looking at another good year for growth, “with the usual proviso that it is subject to risks from abroad,” Morgan Stanley says. “What is unusual this year is just how uncertain the global environment is.” One concern is that Latin America was better prepared in 2008 to withstand a financial crisis than it is today, it says. For chemical producers, much attention will be given this year to progress of the world-scale Ethylene XXI complex in Mexico, a project industry had been trying to get off the ground for years. The difference this time...

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