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Global gloom places Latin America on alert

Global gloom places Latin America on alert : By John Paul Rathbone, Latin America editor Every day Luis Castilla, Peru's finance minister, says he lights a candle and “prays that China won't crash”. His prayers are echoed by many in a region that remains one of the world economy's few bright ... v

Global gloom places Latin America on alert

Global gloom places Latin America on alert : South America's commodity-rich economies grew 5 per cent in the first half of this year. Last year, these new motors of the world economy added half a percentage point to global output. But slowing Asian demand and plunging commodity prices have raised ...