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Bear Raises Panama, Cuts Costa Rica, Barbados, T&T and Grenada

Aug 3, 2007

Bear Stearns has reshuffled its CentAm/Caribbean portfolio and predicts that market sentiment will change. The shop upgrades Panama...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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