Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (275)	6/16/2001 10:01:54 AM
From: craig crawford	Read Replies (1) of 1643

Latin America and the Energy Economy eyeforenergy.com The dawn of the 21st Century signals a shift in Latin America to an "Energy Economy". However, the pathway to the new economy is plagued with potholes in the form of political unrest, decades of poor planning, hydroelectric projects on the verge of drying up, on again-off again deregulation efforts, and impending gloom in some power sectors. (6/13/2001) ............................ Perhaps the biggest trouble spot, and the one offering the most opportunity is Brazil. The country of 170 million people is facing its worse energy crises in over three decades and is being forced to make some tough decisions about how to spend and attract money into its energy generation sector. ...................... As a result, economists fear power rationing is likely to drag Brazil's 2001 economic growth to below 3 percent from initial estimates of 4 percent to 4.5 percent. It is also expected to spark layoffs and slash foreign investment.

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