Challenges Ahead for LatAm

Challenges Ahead for LatAm

Asia

LatAm appears to be in for a rougher 2008 than Asia or EEMEA, according to research from Merrill Lynch. "While our base case is one of decoupling from the US slowdown, we think that 2008 will be a more challenging year for Latin America," says the shop. "The main challenges will stem from both a less favorable external environment and from inflation constraining policy domestically," it adds. Risks include a slower US economy, potentially tighter credit conditions and softer commodity prices. "A

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