|
CHILE BUCKS REGION'S ECONOMIC TREND STABILITY KEEPS FOREIGN CAPITAL ON THE INCREASE
|
SANTIAGO, Chile - Neighboring Argentina has spiraled into economic
and political chaos. Uruguay's economy has started to unravel. And
many fear that Brazil, the largest country in Latin America, may soon
follow.
But Chile - known for copper and wine - has managed to avoid what
economists call the "contagion" that has infected the region, mostly
because US businesses are continuing to invest in Chile.
The US Treasury secretary, Paul O'Neill, visited Argentina,
Brazil, and Uruguay...
