At a Foreign Policy Association event in April 2010, former Brazil Central Bank President Arminio Fraga gave a rather intoxicating assessment of global central bank stimulus efforts to stem economic crisis. Fraga asked each audience member to imagine a night when he or she may have gotten ridiculously drunk. A rather tiring, hungover morning […]
Latin America’s two largest economies started 2011 on different notes. Mexico’s growth was set to ring up about 4 percent, with drug violence clipping about a point off growth, according to BBVA Bancomer, and reliance on a weakening U.S. economy wielding another discount. In April, auto production, a key industry in Mexico, experienced a […]
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