The General Secretariat of the Andean Community of Nations (CAN) announced on Tuesday that trade between its four member countries—Bolivia, Colombia, Ecuador, and Peru—reached $10.4 billion in 2012. Exports within the bloc grew 12 percent, while exports to countries outside the bloc grew 3 percent in 2012.
The Brazilian government announced yesterday the first phase of a 25-year stimulus package designed to reignite the Brazilian economy.
Could Brazil's economic miracle be just a bubble?
Latin America and the Caribbean are likely to grow 5.7 percent this year—twice the expected recovery for the United States—say the World Bank and International Monetary Fund in a report released this week.
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