Latin American ETFs Could Suffer From Fewer Remittances
October 01, 2008 at 13:00 PM EDT
As the global economy slows down, the amount of Latin American migrant workers sending money home is dropping, possibly affecting the economies and exchange traded funds (ETFs) of these up-and-coming markets. Alejandro Lazo for Washington Post reports that a dropoff in remittances would not exacerbate poverty in home countries, but it indicates the problems facing Latin [...]