PPP KINGDOM

PPP KINGDOM

CARLOS SLIM LURED TO COLUMBIA AS REBELS RETREAT FUELS RATE-INCREASE BETS ON GROWTH

leave a comment »

Columbia, where investment from billionaires Carlos Slim and Sam Zell has kept economic growth accelerating, is the only country in Latin America where traders are predicting more interest rate increases to slow inflation.

Colombia is benefiting from a decade of military victories over guerrillas that have opened up swathes of countryside for companies to explore for crude, coal and gold. Zell’s investments in real estate and Slim’s push into oil are helping fuel $9.6 billion in foreign investment this year, the most in at least 12 years, spurring economic growth above 5 percent and pushing inflation to a two-year high.

http://www.bloomberg.com/news/2011-09-22/slim-lured-to-colombia-as-rebel-retreat-fuels-rate-increase-bets.html

Best Regards,

FINANCIAL WARRIOR

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: