Sunday, December 26, 2010
South American Investment
Mexico invested roughly $42 billion in South American in 2010, a jump of more than $6 billion from 2009. Half of that money went to Brazil, where investments expanded by 21 percent from 2009. A big increase with Mexico overcoming its horrible 2009 was to be expected, but the 21 percent jump in investing in Brazil would seem to reflect more than the natural rebound. Shockingly, the largest investor was Carlos Slim's Grupo Carso.