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S&P Credit Research1002 word report
published Sep 30, 2009
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S&P Credit Research
| Abstract: | NEW YORK (Standard&Poor's) Sept. 30, 2009--Latin America is poised to post its sharpest decline in GDP in decades this year, according to an article published by Standard&Poor's Ratings Services, titled "Latin America's Recovery: How Far, How Fast?" We project Latin America's real GDP (weighted average) will contract by 2.3% in 2009 and recover to 3.0% in 2010. Standard&Poor's credit analyst and Latin America economist Lisa Schineller said that in Latin America, Brazil is leading the return to growth. "In the second quarter of 2009, real GDP expanded 1.9% quarter over quarter, compared with a drop of 1.2% year over year," said Ms. Schineller. "We expect the contraction in real GDP to be the deepest
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| Brief Excerpt: | RESEARCH Ratings Definitions Latin America's Recession Has Bottomed Out, But The Strength Of The Recovery Remains Uncertain, Article Says Publication date: 30-Sep-2009 Primary Credit Analyst: Lisa M Schineller, New York (1) 212-438-7352;...
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| Report Type: | News
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| Sector: | Global Issuers
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
