Mexico’s Slim to invest $8.3-bln in Latin America - International Business Times: "Mexican tycoon Carlos Slim, who is considered by some to be the world’s richest person, said he will invest $8.3-billion in nineteen countries, primarily in Latin America.
Mexico, including its telecommunications, mining and road-building sectors, will receive a large portion of that money, about $3.6-billion.
Slim may be doing this in order to restore some investor confidence in Mexico, which has been wracked by drug-related violence. "Whoever doesn't invest, be it out of fear or caution, will be left behind," he said at a press conference."
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
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