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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.373+0.5%Feb 6 9:30 AM EST

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To: Steve Fancy who wrote (1608)4/13/1998 2:08:00 PM
From: Steve Fancy  Read Replies (2) of 22640
 
IMF says Latam economic slowdown only temporary

(Adds projection for 1999 growth)

By Anthony Boadle

WASHINGTON, April 13 (Reuters) - Quick responses and good policies helped Latin America weather the Asian economic storm, but the region's growth will slow down temporarily this year, the International Monetary Fund said on Monday.

As a result of the crisis, however, Latin America will enjoy a larger share of private capital flows to emerging markets, the IMF said in its latest World Economic Outlook.

biz.yahoo.com
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