Latin America: Return of the Money

A worldly group of businessmen gathered in Buenos Aires last week to speak of Latin American investment in an unaccustomed atmosphere of hope. Eighty-five bankers and industrialists, dedicated to bringing together U.S. investment dollars and Latin American opportunities, had come from every part of the hemisphere for the annual meeting of the Inter-American Council of Commerce and Production. This year the meeting was more important than usual: after several years of growing disenchantment, U.S. investors are again showing interest in putting money into Latin America. It is, however, money with some...

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