Weakness in raw materials markets

Experts believe that the reduction of demand from China and the prospects of a further strengthening of the dollar if come up in December the interest rates in United States, portend a weakness in raw materials markets.

Despite the bad news the Executive of Merrill Lynch, Juan Pablo Cuevas, who in a recent statement to El Nuevo Herald of Miami, pointed out that the great challenge of Latin American countries is to base their economies on a “balanced mix” between raw materials and “finished products”.

Diversify economies to make them less dependent on raw materials, seek new markets through trade agreements and invest more in infrastructure are the ingredients of the recipe of Maersk to “survive the storm”, according to Omar Shamsie, President of Maersk Line in the region, a cargo transport company.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8739951&idcat=38229&tipo=2