Thursday, January 1, 2009

The international financial crisis’s impact on commodity prices and Latin American financial markets

John Authers of the Financial Times has an excellent video analysis, in English, on the impact of the international financial crisis on financial markets in emerging markets in general and on Latin America in particular. It should be seen by anyone who doubts how serious the impact of the international financial crisis will be for Latin America – the relevant section starts one minute into the two minute twenty second video. The core of its analysis is on the relation between commodity prices and financial markets in Latin America and their extremely close correlation.

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