Latin America

Latin America sees silver lining in US crisis

Buenos Aires -Latin America sees silver lining in US crisis The US mortgage and credit crisis is sending shivers down the spines of most of the world.

But some in Latin America - the traditional "backyard" of the United States - are looking for a silver lining in the gloomy cloud, while many others will likely suffer.

Mexican multi-billionaire Carlos Slim thinks Latin America's markets can be at least "part of the solution" for the troubled northern giant at times of crisis, and that they are "going to become important for the economy of the United States."

Taiwan president to visit Paraguay, Dominican Republic in August

Taipei  - Taiwanese President Ma Ying-jeou is expected to visit allies Paraguay and the Dominican Republic in mid-August to cement ties, a well-placed government source said Sunday.

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