Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: Weekend Economists Sit on a Wall August 23-25, 2013 [View all]xchrom
(108,903 posts)68. Mexico sees economy rebounding to four percent growth in 2014
http://uk.reuters.com/article/2013/08/25/uk-mexico-finmin-idUKBRE97O00P20130825
(Reuters) - Mexico's economy, the second largest in Latin America, is set to rebound next year, boosted by a recovery in its main trade partner, the United States, Finance Minister Luis Videgaray said on Saturday.
The upbeat forecast came days after data showed Mexico's economy contracted for the first time in four years in the second quarter because of lower government spending, sluggish consumption and weak demand for exports.
The second-quarter contraction prompted the government on Tuesday to cut its 2013 growth outlook to 1.8 percent from a previous outlook of 3.1 percent.
"We expect an important recovery in the pace of (economic) growth next year of around 4 percent," Videgaray told Reuters in an interview on the sidelines of a meeting of finance ministers of the Pacific Alliance countries, made up of Chile, Colombia, Mexico and Peru.
(Reuters) - Mexico's economy, the second largest in Latin America, is set to rebound next year, boosted by a recovery in its main trade partner, the United States, Finance Minister Luis Videgaray said on Saturday.
The upbeat forecast came days after data showed Mexico's economy contracted for the first time in four years in the second quarter because of lower government spending, sluggish consumption and weak demand for exports.
The second-quarter contraction prompted the government on Tuesday to cut its 2013 growth outlook to 1.8 percent from a previous outlook of 3.1 percent.
"We expect an important recovery in the pace of (economic) growth next year of around 4 percent," Videgaray told Reuters in an interview on the sidelines of a meeting of finance ministers of the Pacific Alliance countries, made up of Chile, Colombia, Mexico and Peru.
Edit history
Please sign in to view edit histories.
70 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Cyprus Bank’s Bailout Hands Ownership to Russian Plutocrats THAT WORKED WELL, DIDN'T IT?
Demeter
Aug 2013
#2
Feds building detective squad to target consumers and companies that don't follow Obamacare's rules
Demeter
Aug 2013
#4
Detroit Institute of Art Collection--Available to Creditors? by Adam Levitin SUCKING EGGS
Demeter
Aug 2013
#13
Argentina Just Lost Huge To A Bunch Of Hedge Fund Creditors, And The Judge Was Brutal About It
xchrom
Aug 2013
#23
Room For Hope? Fourth Largest Industry In France: It’s “Never Been This Catastrophic”
Demeter
Aug 2013
#26
Official White House Response to We request that Obama be impeached for the following reasons.
Demeter
Aug 2013
#29
The Trans-Pacific Partnership is not about free trade. It's a corporate coup d'etat--against us!
Demeter
Aug 2013
#34
Peter Van Buren: Bradley Manning, Surveillance State Creep, Emergence of Post-Constitutional America
Demeter
Aug 2013
#37