Thursday, September 25, 2008

Foreign investment grows

The United Nations said today that foreign investment in Latin America increased by 36 percent last year.

The investment is now $126 billion.

The report released yesterday from the U.N. Conference on Trade and Development said mining and natural resources received the most investment. Brazil topped the list of countries receiving improved investment with $35 billion and Mexico followed with $23 billion.

Foreign investment around the world topped out at $1.8 trillion last year.

Read the AP story here.

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