IMF increases Mexico, Brazil growth forecasts

Bloomberg - The International Monetary Fund raised its forecasts for Brazil’s and Mexico’s economic growth this year while noting that Latin American economies “face some risk of overheating.” Mexico, Latin America’s second-biggest economy, will expand 4.5 percent in 2010, revised from a previous estimate for 4.2 percent expansion, the report said.

www.businessweek.com/news/2010-07-07/imf-increases-brazil-mexico-growth-forecasts-for-this-year.html