Friday, July 6, 2007

UPDATE 1-US' Paulson aims to foster Latam investment

(Reuters) - WASHINGTON, July 6 - U.S. Treasury Secretary
Henry Paulson on Friday announced a proposal to boost spending
on needed infrastructure in Latin America and the Caribbean in
a bid to promote faster economic development in the region.




Essentially, the United States will enter a partnership
with the International Finance Corporation, the private sector
arm of the World Bank, to create a program to foster private
investment in expanding electricity, transport, water and other
projects that support development.


Read more at Reuters.com Bonds News

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