lunes, 28 de septiembre de 2009

Latin American economies on the rebound

Latin American economies on the rebound

Jay Brickman, Vice President of Crowley Latin America. Here he is in front of a gantry crane at Port Everglades on Monday afternoon.
The construction industry here in Lima is booming, middle-class residents are once again snapping up new apartments in Rio de Janeiro and software companies in Santiago, Chile, are expanding.
A year after the global financial crisis exploded, most Latin American countries are putting the tough times in the rearview mirror during the final three months of 2009. Brazil, the region's giant and the world's ninth largest economy, is leading the way, along with such other market-friendly countries as Peru, Chile, Colombia, Uruguay and Panama.
But a rising tide is not lifting all boats. The slow economic recovery in the United States is holding back Mexico and most Central American nations, with drug violence and swine flu also battering Mexico.