Salient to Investors:
The fudging of the fiscal cliff issue means a few more crises ahead in the US.
Stephen Pope at Spotlight Ideas likes Mexico, which since 1994 has been reformed by NAFTA, and which has regained its competitiveness against Asian competitors – wages in Mexico have risen 39% since 2000 versus over 400% in China. Pope says Mexico’s factories, financial sector and oil and gas fields look set to expand and generate a strong growth decade for the economy. Pope says Mexico will grow faster than Brazil again in 2013. Mexico has more free trade agreements than any other country.
Read the full article at http://www.bbc.co.uk/news/business-20918118.
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